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Chewy, Apple, Marathon Digital, McDonald's, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Author: Benzinga Neuro | July 01, 2024 10:05pm

On Monday evening, major U.S. indices closed in positive territory. The Dow Jones Industrial Average increased by 0.1%, reaching 39,169.52. The S&P 500 rose by 0.3% to 5,475.09, while the tech-focused Nasdaq climbed 0.8% to finish at 17,879.30.

These are the top stocks that gained the attention of retail traders and investors throughout the day:

Chewy, Inc. (NYSE:CHWY)

Chewy’s stock dipped by 6.61% to close at $25.44. The stock’s intraday high and low were $30 and $25.29 respectively, with a 52-week high and low of $39.46 and $14.69. The stock gained attention after ‘Roaring Kitty’ Keith Gill disclosed a 6.6% passive stake in a 13G filing..

Apple Inc. (NASDAQ:AAPL)

Apple shares rose by 2.91% to close at $216.75. The intraday high and low were $217.51 and $211.92 respectively, with a 52-week high and low of $220.2 and $164.08. The stock price gained after Needham analyst Laura Martin maintained a Buy rating and a $220 price target. Martin’s recent channel checks revealed that the smartphone replacement cycle is now closer to 36-40 months, up from about 24-30 months pre-COVID.

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Marathon Digital Holdings Inc. (NASDAQ:MARA)

Marathon Digital’s stock surged by 13.65% to close at $22.56. The intraday high and low were $22.84 and $20.32 respectively, with a 52-week high and low of $34.09 and $7.16. The stock traded higher as bitcoin bounced back from recent lows. Bitcoin’s (CRYPTO: BTC) rise appears to be driving strength in the broader crypto space and in crypto-related stocks.

McDonald's Corp. (NYSE:MCD)

McDonald’s shares fell by 1.90% to close at $249.99. The intraday high and low were $255.34 and $249.72 respectively, with a 52-week high and low of $302.39 and $245.73. The fast-food giant is at the forefront of a tech-driven shift in the restaurant industry, with AI revolutionizing operations from the back of the house to the front.

Tesla, Inc. (NASDAQ:TSLA)

Tesla’s shares climbed by 6.05% to close at $209.86. The intraday high and low were $213.23 and $200.85 respectively, with a 52-week high and low of $299.29 and $138.8. Investors are anticipating an update on Tesla’s quarterly sales ahead of the market opening on Tuesday.

Photo by WHYFRAME on Shutterstock

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

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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

Posted In: $BTC AAPL CHWY MARA MCD TSLA