The US stock market ended Monday on a positive note, with major indices like the Dow Jones Industrial Average, NASDAQ, and S&P 500 all closing higher. The Dow Jones Index gained over 270 points, closing at 42,387.57, representing a 0.65% increase. The NASDAQ rose 0.3% to 18,567.19, while the S&P 500 also experienced a positive day, gaining 0.3% to reach 5,823.52.
Several stocks garnered significant attention from retail traders and investors throughout the day. Here are some notable performers:
Ford Motor Company (F):
Ford’s shares closed at $11.37, marking a 2.71% increase for the day. The stock’s intraday high reached $11.39, while its low was $11.12. The 52-week high for Ford stands at $14.85, while its low sits at $9.49. This strong performance comes after Ford reported a third-quarter revenue of $46.2 billion, exceeding the consensus estimate of $41.88 billion. The Detroit-based automaker also beat earnings estimates, reporting quarterly earnings of 49 cents per share, exceeding the anticipated 47 cents per share.
Advanced Micro Devices, Inc. (AMD):
AMD shares ended the day at $159.92, reflecting a 2.36% increase. The stock’s intraday high and low were $160.28 and $157.04 respectively, with a 52-week high of $227.3 and a low of $94.07. Investors are anticipating AMD’s third-quarter earnings report, scheduled for Wednesday. Wall Street analysts project earnings per share of 92 cents and revenues of $6.71 billion.
Trump Media & Technology Group (DJT):
The Donald Trump-linked stock closed at $47.36, experiencing a remarkable 21.59% increase. The stock’s intraday high and low were $47.68 and $41.25 respectively, with a 52-week high of $79.38 and a low of $22.55. This significant rally occurs despite the company’s lack of substantial financial fundamentals.
MicroStrategy Incorporated (MSTR):
MicroStrategy shares closed at $255.34, representing an 8.96% increase. The stock’s intraday high and low were $259.5 and $242.77 respectively, with a 52-week high of $259.5 and a low of $41. MicroStrategy ended Friday as the sixth-most traded stock on Wall Street. It’s worth noting that Bitcoin (BTC/USD), the world’s largest cryptocurrency by market capitalization, crossed the psychologically significant $70,000 threshold on Monday.
Tesla, Inc. (TSLA):
Tesla shares closed at $262.51, experiencing a 2.48% decrease. The stock’s intraday high and low were $273.54 and $262.24 respectively, with a 52-week high of $273.54 and a low of $138.8. Tesla’s recent focus on developing and deploying charging infrastructure, specifically for its Semi truck, has the potential to enable fast charging at a cost of about $500/kW.
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