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Super Micro Computer, Upstart, Lyft, Doordash, Tesla: Why These 5 Stocks Are On Investors' Radars Today

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Super Micro Computer, Upstart, Lyft, Doordash, Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stock markets were mixed on Tuesday as Federal Reserve Chair Jerome Powell indicated no immediate plans to reduce interest rates. The S&P 500 ended the day marginally higher by 0.03% at 6,068.50, while the Nasdaq 100 saw a 0.4% decline to 19,643.86. The Dow Jones Industrial Index managed to rise 0.3% for the day and closed at 44,593.65.

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

Super Micro Computer Inc. (NASDAQ:SMCI)

Super Micro Computer shares fell by 9.47%, closing at $38.61. The stock reached an intraday high of $42.39 and a low of $38.42, with a 52-week range between $122.9 and $17.25. The company recently released preliminary second-quarter earnings, projecting revenue between $5.6 billion and $5.7 billion. Adjusted earnings per share are expected to be between 58 and 60 cents.

Upstart Holdings, Inc. (NASDAQ:UPST)

Upstart Holdings saw a decline of 5.07%, closing at $67.34. The stock’s intraday high was $70.5, and the low was $66.76, with a 52-week range of $88.94 to $20.6. The company reported strong fourth-quarter earnings, with a profit of 26 cents per share, surpassing expectations of a 4-cent loss. Revenue reached $218.96 million, exceeding the $182.18 million estimate.

Lyft Inc. (NASDAQ:LYFT)

Lyft shares decreased by 4.83%, ending the day at $14.39. The stock’s high and low were $15.35 and $14.2, respectively, with a 52-week range of $20.82 to $8.93. The company reported fourth-quarter revenue of $1.6 billion, surpassing analyst expectations of $1.56 billion. Net income reached $61.7 million, a significant improvement from the previous year’s loss.

DoorDash, Inc. (NASDAQ:DASH)

DoorDash experienced a slight increase of 0.24%, closing at $193.09. The stock’s intraday high was $194, and the low was $189.5, with a 52-week range of $199.17 to $99.32. The company reported fourth-quarter earnings of 33 cents per share, matching analyst estimates. Revenue came in at $2.87 billion, slightly above the $2.84 billion estimate.

Tesla Inc. (NASDAQ:TSLA)

Tesla shares dropped by 6.34%, closing at $328.5. The stock’s intraday high and low were $349.37 and $325.1, respectively, with a 52-week range of $488.54 to $138.8. The decline followed news that competitor BYD Co. plans to incorporate self-driving technology in its vehicles.

Image via 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

 

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