The Dow Jones fell more than 70 points to close at the end of the trading day, marking a mixed performance among US stocks. The Dow Jones fell 0.22%, to 33,433.35, while the NASDAQ rose by 0.67% to 135,307.77. The S&P 500 was flat, up by 0.01% at 4,288.39.
The top stocks that dominated the market throughout the day were those of retail traders and investors.
Plug Power Inc PLUG closed down at -10.20%, priced at $6.83. The stock surpassed a new 52-week low of $7.54 and a low of $6.74, marking a new 52-week low. Truist Securities said the price target for the company was down from $9 to $8 ahead of the company's upcoming symposium, reflecting moderate sequential growth expectations. Technical support was also blamed for the downturn in the stock.
Sunrun Inc RUN closed at -10.51%, its final price was $11.24 per share. The market's intraday moves were a record high of $12.49 and a low of $11.16, despite the 52-week range being $33.33 and $11.16. NEE fell to -8.96%, closing at $52.15. The energy company's stock was at an all-time high of $56.38 and a low of $50.18, with its 52-week range standing between $88.61 and $50.18. The stock's drop was influenced by a lowered growth rate outlook and several analysts cutting their price targets.
MARA, Marathon Digital Holdings, Inc., bucked the trend with a slight gain of 0.35%, closing at $8.53. The cryptocurrency mining firm hit a record high of $9.69 and a low of $8.51, with its 52-week range being $19.88 and $3.11. The rise in Bitcoin's BTC/USD price positively influenced MARA's stock, drawing attention from retail investors.
Tesla's TSLA posted a gain of 0.55%, closing at $251.6. The electric car maker's stock reached an intraday high of $244.828 and a low of $242.62, with the 52-week high and low being $299.29 and $101.81 respectively. Despite the lower-than-expected vehicle production and delivery numbers for the third quarter, analysts such as Dan Ives of Wedbush Securities remain confident of Tesla's future growth.
Preparing for the day's trading with top premarket movers and news by Benzinga.