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Nvidia, Trump Media & Technology Group, Faraday Future, CAVA Group, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Author: Benzinga Neuro | August 22, 2024 10:36pm

On Thursday, major U.S. indices took a hit, with the Dow Jones Industrial Average falling 0.4% to 40,712.78, the S&P 500 dropping 0.9% to 5,570.64, and the Nasdaq slipping 1.7% to 17,619.35.

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

NVIDIA Corporation (NASDAQ:NVDA)

NVIDIA shares fell by 3.70% to close at $123.74, with an intraday high and low of $130.75 and $123.1 respectively. The 52-week high and low stand at $140.76 and $39.23. The company recently collaborated with Taiwanese rail kit supplier Nan Juen International Co for its GB200 artificial intelligence servers, marking Nan Juen’s entry into Nvidia's supply chain.

Trump Media & Technology Group Corp (NASDAQ:DJT)

Trump Media & Technology Group’s stock dropped 6.20% to close at $22.70. The stock hit an intraday high and low of $25.08 and $22.67, with a 52-week high and low of $79.38 and $22.55. The stock has been volatile since the 2024 Presidential campaign gained momentum.

See Also: NSA Code Breaker Jim Simons’ Hedge Fund Renaissance Technologies — Ozempic, Wegovy Maker Novo Nordisk Along With Nvidia, Palantir Among Top Holdings

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE)

Faraday Future shares soared by 123.96% to close at $8.04, with an intraday high and low of $8.89 and $3.27. The 52-week high and low are $2133.12 and $1.52. The shares have been trending across social media, Stocktwits and Yahoo Finance, despite a lack of company-specific news. The shares came under pressure due to an NTSB investigation into a Tesla Semi crash and delays in the rollout of Full Self-Driving technology for the Cybertruck.

CAVA Group, Inc. (NYSE:CAVA)

CAVA Group shares fell slightly by 0.87% to close at $101.98. The intraday high and low were $104.84 and $101.8, with a 52-week high and low of $104.84 and $29.05. The company reported its second-quarter earnings, beating the analyst consensus estimate by 7% and representing a 35.05% increase from the same period last year.

Tesla, Inc. (NASDAQ:TSLA)

Tesla shares fell by 5.65% to close at $210.66. The stock hit an intraday high and low of $224.8 and $210.32, with a 52-week high and low of $278.97 and $138.8. The company’s shares are trading lower due to a mix of broader industry developments and company-specific issues.

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: CAVA DJT FFIE NVDA TSLA

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