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Thursday saw a decrease in major U.S. indices, with the Dow Jones Industrial Average closing the session down by nearly 1% at 38,085.80. Similarly, the S&P 500 dropped by almost 0.5% to 5,048.42, while the Nasdaq experienced a decline of 0.6% to 15,611.76.
Despite the overall market downturn, certain stocks managed to capture the attention of retail traders and investors. Here are the top five trending stocks of the day:
Alphabet Inc. (NASDAQ:GOOGL) ended the day with a 1.97% decrease, closing at $156. The stock’s intraday high was $156.49, and it hit a low of $150.87. The 52-week high and low are $160.22 and $102.63, respectively. The company’s Class C shares (NASDAQ:GOOG) ended the day nearly 2% lower at $157.95. Alphabet reported a 15% year-over-year increase in its first-quarter revenue to $80.54 billion, beating the consensus estimate. The company also announced a $70B buyback and its first-ever dividend.
Microsoft Corporation (NASDAQ:MSFT) saw a 2.45% decrease, closing at $399.04. The stock’s intraday high was $399.89, and it hit a low of $388.03. The 52-week high and low are $430.82 and $292.73, respectively. Microsoft reported a 17% year-over-year increase to $61.9 billion in its third-quarter revenue, beating the consensus estimate.
See Also: What’s Going On With Trump Media & Technology Stock On Tuesday?
Intel Corporation (NASDAQ:INTC) closed the day with a 1.77% increase, at $35.11. The stock’s intraday high was $35.3, and it hit a low of $34.5. The 52-week high and low are $51.28 and $26.86, respectively. Intel reported worse-than-expected first-quarter sales results and issued earnings guidance below estimates. Quarterly sales came in at $12.7 billion missing the consensus estimate of $12.78. billion by 0.44%.
Roku, Inc. (NASDAQ:ROKU) saw a 1.58% increase, closing at $62.81. The stock’s intraday high was $63.21, and it hit a low of $59.66. The 52-week high and low are $108.84 and $51.62, respectively. According to the company’s first-quarter numbers, Roku reported losses of 35 cents per share beating the analyst consensus estimate of 62 cents and provided upbeat guidance.
Tesla Inc. (NASDAQ:TSLA) ended the day with a 4.97% increase, closing at $170.18. The stock’s intraday high was $170.88, and it hit a low of $158.36. The 52-week high and low are $299.29 and $138.8, respectively. Billionaire investor Ron Baron believes Tesla stock is ready to rip higher from current levels.
Photo by Phongphan on Shutterstock
Prepare for the day’s trading with top premarket movers and news by Benzinga.
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