On Wednesday, the most important US indices closed higher. The Dow Jones Industrial Average rose 0.6 percent to 40,008.39 and the S&P 500 gained 0.4 percent to 5,455.21. The Nasdaq also rose slightly by 0.03 percent to 17,192.60.
These are the top stocks that caught the attention of retail traders and investors throughout the day:
Nike Inc. NKE
Nike shares closed with a slight gain of 0.03% at a close of $78.52. The stock reached an intraday high of $79.09 and a low of $77.42. The 52-week range is $70.75 to $123.39. The athletic footwear and apparel brand saw a price increase after Bill Ackman’s Pershing Square announced a new stake in the company and now owns approximately 3.04 million shares valued at approximately $230 million.
Ulta Beauty Inc. ULTA
Ulta Beauty shares fell 0.76% to close at $329.05. The stock’s intraday high was $332.92 and intraday low was $325, with a 52-week range of $318.17 to $574.76. Warren Buffet-led Berkshire-Hathaway announced new shares in the company in an SEC filing on the same day.
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Alibaba Group Holding Ltd. BABA
Alibaba shares fell 2.01% to close at $79.47. The stock’s intraday high was $80.98 and intraday low was $78.07, with a 52-week range of $66.63 to $96.68. In the after-hours session, the company’s shares rose 1.23%. Jack Ma-founded company, Lazada, achieved a monthly profit for the first time in July 2024, marking an important milestone in its business strategy.
Walmart Inc. WMT
Walmart shares rose 0.78% to close at $68.66. The stock’s intraday high was $68.79 and intraday low was $67.85, with a 52-week range of $49.85 to $71.33. The company is scheduled to report earnings before the market opens on Thursday. Analysts estimate earnings per share at 64 cents and revenue at $168.56 billion.
Tesla Inc. TSL
Tesla shares fell 3.10% to close at $201.38. The stock’s intraday high was $208.44 and intraday low was $198.75, with a 52-week range of $138.8 to $278.97. The company’s robotaxi plans face new competition as Chinese company WeRide received approval to test self-driving vehicles with passengers in California.
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This story was created with Benzinga Neuro and edited by Shivdeep Dhaliwal
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