On Wednesday, U.S. stocks surged with the Dow Jones jumping over 419 points to 39,606.57. The NASDAQ climbed 2.5% to 16,708.05, and the S&P 500 increased by 1.7% to 5,375.86.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
International Business Machines Corp. (NYSE:IBM) rose 1.90% to close at $245.48, hitting an intraday high of $249.34 and a low of $243.66. Its 52-week range is between $266.45 and $162.62. IBM reported first-quarter earnings of $1.60 per share, surpassing analyst expectations of $1.40. Revenue also exceeded forecasts at $14.54 billion, compared to the anticipated $14.4 billion.
Chipotle Mexican Grill Inc. (NYSE:CMG) saw a 3.52% increase, closing at $48.76. The stock reached a high of $49.70 and a low of $48.22, with a 52-week high of $69.26 and a low of $44.46. Chipotle reported first-quarter revenue of $2.9 billion, missing the $2.95 billion estimate. However, adjusted earnings of 29 cents per share beat the expected 28 cents.
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Texas Instruments Inc. (NASDAQ:TXN) climbed 3.67% to finish at $152.15, with a high of $155.34 and a low of $151.28. Its 52-week high and low are $220.38 and $139.95, respectively. Texas Instruments reported an 11% year-over-year revenue increase, with strong guidance for navigating supply chain dynamics. In the first quarter, revenue came in at $3.91 billion. The earnings per share of $1.28 beat estimates of $1.07.
Class A shares of Alphabet Inc. (NASDAQ:GOOGL) rose 2.56% to $155.35, reaching a high of $157.53 and a low of $153.81. The stock’s 52-week range is $207.05 to $140.53. The company’s Class C shares (NASDAQ:GOOG) ended the day 2.48% higher at $157.72. Alphabet is set to announce its quarterly earnings, with analysts predicting an EPS of $2.02.
Tesla Inc. (NASDAQ:TSLA) surged 5.37% to close at $250.74, with an intraday high of $259.45 and a low of $244.43. Its 52-week high and low are $488.54 and $157.40. Tesla shares soared following the release of its first-quarter results, despite missing revenue and earnings estimates.
Benzinga Edge Stock Rankings ranks Chipotle stock Quality in the 82nd percentile and Growth at the 72nd percentile. How do other restaurant chains compare? Click here to find out.
Photo Courtesy: Goodvibes Photo on Shutterstock.com
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
