On Tuesday, the major US indices closed in the red: the Dow Jones Industrial Average fell 0.1% to 40,834.97 points, while the S&P fell 0.2% to 5,597.12 points. The Nasdaq also closed down 0.3% to 17,816.94 points.
These are the top stocks that gained attention from retail traders and investors throughout the day:
Alibaba Group Holding Limited SLIME Alibaba shares closed the day down 3.42% to $81.04, with an intraday high and low of $82.6 and $80.78 respectively. The stock's 52-week high and low stand at $96.68 and $66.63. Chinese tech stocks, including Alibaba, traded lower on Tuesday following the country's decision to leave benchmark lending rates unchanged. The move comes after global markets were shocked in July when key interest rates were cut.
Intuitive Machines Inc. LUNR The company's shares rose 33.41% and closed at $5.67. The stock hit an intraday high of $6.12 and a low of $4.51. Its 52-week high and low are $13.25 and $2.09 respectively. The company's stock is seeing continued momentum following its second-quarter results last week, despite missing analysts' estimates.
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PayPal Holdings Inc PYPL PayPal shares closed the day up 3.54% at $71.89. The stock's intraday highs and lows were $72.56 and $69.43, with a 52-week range of $72.56 to $50.25. PayPal shares are trading higher following positive coverage from JPMorgan analysts and an expanded partnership with a global financial technology platform.
Target Corporation TGT Target shares dipped slightly by 0.20% and closed at $144.33. The stock's intraday highs and lows were $145.7 and $142.88, with a 52-week range of $181.86 to $102.93. Analysts are focusing on Target's value proposition and private label items ahead of its second-quarter earnings report.
Tesla, Inc. TSLA closed the day down 0.73% at $221.09. The stock's intraday high and low were $228.22 and $219.56, with a 52-week range of $278.97 to $138.8. Despite the recent underperformance, one portfolio manager expressed reservations about holding the stock due to the Elon Musk-The company's absence in the low-end segment.
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