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Starbucks, Chipotle, Google-Parent Alphabet, Nu Holdings, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Author: Benzinga Neuro | August 13, 2024 11:53pm

Major U.S. indices closed in positive territory, with the Dow Jones Industrial Average gaining 1.04% to finish at 39,765.64, the S&P 500 climbing nearly 1.7% to 5,534.43, and the Nasdaq advancing 2.4% to 17,187.61.

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

Starbucks Corporation (NASDAQ:SBUX) and Chipotle Mexican Grill, Inc. (NYSE:CMG)

Starbucks shares soared by 24.50%, closing at $95.90. The stock hit an intraday high of $96.01 and a low of $90.29. The 52-week range for the stock is $71.55 to $107.66. Meanwhile, shares of Chipotle Mexican Grill declined 7.5% to $51.68.

Starbucks shares rose after the company announced the appointment of Brian Niccol, CEO and Chairman of Chipotle Mexican Grill, as Starbucks' new Chairman and Chief Executive Officer.

Alphabet Inc. (NASDAQ:GOOG)

Alphabet shares moved lower by 1.21%, closing at $165.93. The stock’s intraday high was $166.54 and the low was $164.77. The 52-week range for the stock is $121.46 to $193.3. The decline followed a report suggesting that the U.S. Department of Justice (DOJ) is considering a bid to break up Google.

Nu Holdings Ltd (NYSE:NU)

Nu Holdings shares rose by 1.68%, closing at $12.71. The stock’s intraday high was $12.83 and the low was $12.57. The 52-week range for the stock is $6.61 to $13.64. The company’s stock jumped after it reported upbeat second-quarter financial results, with revenue of $2.8 billion, up 65% year-over-year.

Tesla, Inc. (NASDAQ:TSLA)

Tesla shares increased by 5.24%, closing at $207.83. The stock’s intraday high was $208.49 and the low was $197.06. The 52-week range for the stock is $138.8 to $278.97. Despite facing increasing competition, the Model Y remains the top-selling battery electric vehicle (BEV) model in China.

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: CMG GOOG NU SBUX TSLA

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