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Nvidia, Ford, Chipotle, Viking Therapeutics, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Author: Benzinga Neuro | July 24, 2024 10:40pm

On Wednesday, major U.S. indices closed significantly lower. The Dow Jones Industrial Average fell 1.25% to 39,853.87, the S&P 500 dropped 2.3% to 5,427.13, and the Nasdaq declined 3.6% to 17,342.41.

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

Nvidia Corporation (NASDAQ:NVDA)

Nvidia closed down 6.80% at $114.25, with an intraday high of $119.95 and a low of $113.44. The 52-week high is $140.76 and the low is $39.23. The company, along with other U.S. chip stocks, saw a significant selloff on Wednesday. This was partly due to disappointing second-quarter earnings from Tesla Inc and Google parent Alphabet Inc.

Ford Motor Company (NYSE:F)

Ford shares dropped 1.16% to close at $13.67, with an intraday high of $13.88 and a low of $13.59. The 52-week high is $14.85 and the low is $9.63. The automaker reported a 6% year-over-year increase in second-quarter revenue to $47.8 billion, beating the Street consensus estimate of $44 billion.

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Chipotle Mexican Grill, Inc. (NYSE:CMG)

Chipotle shares fell 1.47% to close at $51.78, with an intraday high of $52.49 and a low of $51.46. The 52-week high is $69.26 and the low is $35.37. The company reported an 18.2% year-over-year increase in Q2 revenue to $2.97 billion, beating the consensus estimate of $2.94 billion.

Viking Therapeutics, Inc. (NASDAQ:VKTX)

Viking Therapeutics shares dropped 2.19% to close at $50.41, with an intraday high of $52.18 and a low of $50.27. The 52-week high is $99.41 and the low is $8.28. The company reported quarterly losses of 20 cents per share, beating the analyst consensus estimate of losses of 27 cents by 25.93%.

Tesla Inc. (NASDAQ:TSLA)

Tesla shares plunged 12.33% to close at $215.99, with an intraday high of $225.99 and a low of $214.71. The 52-week high is $278.98 and the low is $138.8. The EV giant reiterated its plans to start producing new electric vehicles in the first half of 2025.

Photo by Phongphan 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: CMG F NVDA TSLA VKTX

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