The U.S. stock market exhibited mixed performance during Thursday’s trading session, influenced by indications of a slowing labor market. The S&P 500 closed down 0.3% at 5,503.41, while the Dow Jones Industrial Average dropped 0.5% to 40,755.75. In contrast, the Nasdaq Composite Index finished 0.25% higher at 17,127.66.
Several prominent stocks captured the attention of retail traders and investors throughout the day, experiencing notable price movements. These include:
Broadcom Inc. (AVGO)
: Broadcom’s stock dipped by 0.84% to close at $152.82, with an intraday high and low of $156.36 and $150.11, respectively. The 52-week high and low stand at $185.16 and $79.54. The semiconductor giant reported strong third-quarter financial results, showcasing continued strength in its AI solutions and VMware business.UiPath Inc. (PATH)
: UiPath’s shares saw a slight increase of 0.16% to close at $12.74. The stock hit an intraday high and low of $12.8 and $12.44, respectively, with a 52-week range of $27.87 to $10.37. The company posted strong second-quarter results and announced a $500 million share repurchase program.NIO Inc. (NIO)
: NIO’s shares surged by 14.39% to close at $4.85. The stock’s intraday high and low were $4.85 and $4.27, with a 52-week range of $10.91 to $3.61. The surge in NIO shares followed strong second-quarter financial results, demonstrating a 98.9% revenue growth year-over-year and improved gross margin. The company projects further growth in the third quarter with increased vehicle deliveries and revenue.Samsara Inc. (IOT)
: Samsara’s stock edged up by 0.23% to close at $38.75. The intraday high and low were $39.35 and $37.85, with a 52-week range of $42.49 to $21.48. The company reported better-than-expected financial results for the second quarter, causing the stock to jump.Tesla Inc. (TSLA)
: Tesla’s shares rose by 4.90% to close at $230.17. The stock’s intraday high and low were $235 and $222.25, with a 52-week range of $278.97 to $138.8. The electric vehicle maker’s shares saw movement today. Tesla introduced a $3,000 winter tire package for the Cybertruck, addressing performance concerns in snowy conditions as it ramps up production. This move targets colder climate customers as Tesla scales up its influence in the EV market.These individual stock movements underscore the complex factors driving the U.S. stock market, demonstrating the dynamic interplay of financial results, investor sentiment, and industry trends.
