MLGO, PLTR, ME, AMD, TSLA: Top 5 Trending Stocks Today

On Monday, Wall Street experienced a significant rally as investors became hopeful about easing trade tensions and received solid economic data. The S&P 500 index surged by 1.76%, reaching a new high of 5,767.57, while the Nasdaq saw an increase of 2.3%, closing at 18,188.59. The Dow Jones Industrial Average also posted gains, closing 1.4% higher at 42,583.22.

Among the stocks that captured the attention of retail traders and investors were:

MicroAlgo Inc. (MLGO)

Shares of MicroAlgo soared dramatically by 455.16%, ending the day at $13.99. During the trading session, the stock hit an intraday high of $15.34 and a low of $3.83. Its 52-week range shows the stock has fluctuated between a high of $509.4 and a low of $1.11. The remarkable rise followed the company’s announcement of a $20 million offering aimed at settling a convertible bond agreement.

Palantir Technologies Inc. (PLTR)

Palantir saw its stock price climb by 6.37%, closing at $96.75. Throughout the day, it reached an intraday high of $97.39 and dipped to a low of $92.28. The stock's 52-week high is $125.41, while its low is $20.33. Investor confidence boosted the stock as enthusiasm grew around the company’s AI capabilities and its government contracts.

23andMe Holding Co. (ME)

In stark contrast, 23andMe's stock plummeted by 59.22%, ending at $0.73. The stock fluctuated between an intraday high of $0.97 and a low of $0.73, with its 52-week high and low at $12.76 and $0.73, respectively. The decline came after the company voluntarily filed for Chapter 11 bankruptcy, allowing it to pursue a sale process.

Advanced Micro Devices, Inc. (AMD)

AMD shares increased by 6.96%, closing at $113.85. The stock had an intraday high of $114.85 and a low of $109.4. Within the past year, the stock peaked at $187.28 and dipped to $94.73. The rise was attributed to reports suggesting the U.S. may reduce upcoming tariffs.

Tesla Inc. (TSLA)

Tesla’s stock experienced a notable jump of 11.93%, closing at $278.39. It reached an intraday high of $278.64 and a low of $256.33. Over the last year, its stock has seen highs of $488.54 and lows of $138.80. This upward momentum occurred despite the release of a new documentary that may lead investors to reconsider CEO Elon Musk’s influence in politics.

Image via Shutterstock

Prepare for the next trading day with the latest premarket movers and news.

stocks, market, investors