October 12, 2023 10:11pm | 2 minute read
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U.S. stocks were on a downward trend toward the end of trading, with major indexes such as the Nasdaq Composite and the S&P 500 reflecting the bearish trend. The Nasdaq Composite Index took a hit, dropping more than 80 points in response to declines in the Dow Jones Industrial Average and S&P 500 Index. On Thursday, the weighting of tech stocks fell 0.63% to 13,574.22. The Dow Jones Industrial Average fell 0.51% to $33,631.14, and the S&P 500 fell 0.62% to $4,349.61.
Below are the top stocks that caught the attention of retail traders and investors throughout the day.
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dollar general corporation (NYSE:DG) reached an intraday high of $104.26 and a low of $101.09, ending the day with a loss of 1.77%, with a final price of $101.83. The 52-week price range was $261.59-$101.09. The company’s shares rose in after-hours trading following an outlook update and the appointment of a new CEO. Dollar General has revised its 2023 outlook and announced its resignation. jeff owenand Todd Vasos Appointed as new CEO.
boeing company (NYSE:BA) reached an intraday high of $195.7 and a low of $189.96, before ending the day with a decrease of 2.43% at $191.3. The stock’s 52-week performance ranged from $243.1 to $124.17. Boeing is in the spotlight for partnering with NASA and United Airlines to test the benefits of sustainable aviation fuel (SAF) on air-to-air flights, taking a significant step toward sustainability in the aviation industry. Masu.
JD.com Co., Ltd. (NASDAQ:JD) suffered a loss of 8.27% to close at $27.83. For the day, the stock had a high of $29.95 and a low of $27.55, with a 52-week high and low of $67.1 and $27.55, respectively. As reported in this Benzinga article, JD.com was part of a broader bullish mood in the Hong Kong market, buoyed by bank stock purchases by Chinese sovereign wealth funds.
AMC Entertainment Holdings Co., Ltd. (NYSE:AMC) rose 5.57% to close at $11, and had intraday highs of $11.17 and intraday lows of $10.21. The company’s 52-week performance has been volatile, hitting highs of $91.5 and lows of $7.05. AMC’s stock price rose on expectations for the concert film debut of the Taylor Swift Ella tour, which set a record for ticket sales revenue.
tesla company (NASDAQ:TSLA) closed at $258.87 for a loss of 1.57%, and had intraday highs of $265.41 and intraday lows of $256.63. The electric vehicle maker’s 52-week range is between $299.29 and $101.81. Tesla has issued a warning about a potential reduction in Model 3 tax credits next year and urged customers to finalize their purchases to take advantage of the full incentive.
Photo by A. Solano from Shutterstock
Prepare for the day’s trading with pre-market top movers and news from Benzinga.
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“The best report Benzinga has ever produced”
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