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Trump-Linked Digital World Acquisition, Apple, Micron Technology, Chewy, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Author: Benzinga Neuro | March 20, 2024 10:31pm

Wednesday saw U.S. indices finishing positively, marked by the Dow Jones Industrial Average climbing by 1.03% to reach 39,512.13, while the S&P 500 showed an increase of 0.89% to settle at 5,224.62. Additionally, the Nasdaq experienced a rise of 1.25% to reach 16,369.41.

Here are the top stocks that caught the attention of retail traders and investors throughout the day:

Digital World Acquisition Corp. (NASDAQ:DWAC)

DWAC shares surged by 17.79% to close at $42.9, with an intraday high and low of $44.86 and $38.09 respectively. The 52-week high and low stand at $58.72 and $12.4. The spike in the stock price came after former President Donald Trump’s legal team filed a brief with the U.S. Supreme Court, arguing for “ultimate immunity”. Read more here.

Apple Inc. (NASDAQ:AAPL)

Apple shares rose by 1.47% to close at $178.67, with an intraday high and low of $178.67 and $175.09 respectively. The 52-week high and low are $199.62 and $155.98. The company’s CEO, Tim Cook, is currently in Shanghai, hinting at the possibility of opening more stores in China amid declining iPhone sales. Read more here.

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Micron Technology Inc. (NASDAQ:MU)

Micron shares increased by 2.39% to close at $96.25, with an intraday high and low of $96.68 and $93.59 respectively. The 52-week high and low are $101.85 and $56.01. The company reported strong fiscal second-quarter financial results, beating both revenue and EPS estimates. Read more here.

Chewy Inc. (NYSE:CHWY)

Chewy shares jumped by 6.35% to close at $17.74, with an intraday high and low of $17.76 and $16.78 respectively. The 52-week high and low are $40.78 and $15.78. The pet care e-commerce company reported fourth-quarter financial results, beating both revenue and EPS estimates. Read more here.

Tesla Inc. (NASDAQ:TSLA)

Tesla shares rose by 2.53% to close at $175.66, with an intraday high and low of $176.25 and $170.82 respectively. The 52-week high and low are $299.29 and $152.37. A Tesla bull suggested that advertising could boost the company’s slowing sales growth. Read more here.

Photo by WHYFRAME on Shutterstock

Prepare for the day’s trading with top premarket movers and news by Benzinga.

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Posted In: AAPL CHWY DWAC MU TSLA

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