Apple, DraftKings, Block, Carvana, Palantir: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks saw an uptick as trading closed on Thursday. The Dow Jones Industrial Average rose by 1.7% to 33,839.08, while the NASDAQ Composite Index climbed 1.78% to 13,249.19. The broader S&P 500 Index also gained, rising 1.89% to 4,317.78.

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

Apple Inc. (NASDAQ:AAPL) saw its stock rise by 2.07% to close at $177.57. The stock fluctuated between a high of $177.78 and a low of $175.46 throughout the trading day, while its 52-week range has been between $198.23 and $124.17. Apple’s fourth-quarter results surpassed estimates with a notable increase in Services revenue, although iPhone sales fell slightly short of expectations.

DraftKings Inc. (NASDAQ:DKNG) ended the day up 6.41% at $28.98, after reaching an intraday peak of $29.03 and a low of $27.67. The stock’s 52-week high is $34.49, with a low of $10.69. DraftKings’ third-quarter earnings report showed a revenue beat and an EPS outperformance, prompting the company to raise its 2023 guidance.

Block Inc. (NYSE:SQ) shares surged 7.37% to close at $43.98. The stock hit a high of $44.10 and a low of $42.78 during the session, with a 52-week range of $89.97 to $38.85. Block’s earnings preview highlighted the company’s solid margins and cash position, despite facing stiff competition and cryptocurrency risks.

Carvana Co. (NYSE:CVNA) jumped 15.12% to end at $29.92, with an intraday high of $30.58 and a low of $28.11. The stock has seen a 52-week high of $57.19 and a low of $3.55. Carvana’s third-quarter earnings report revealed a significant increase in gross profit per vehicle, despite missing revenue estimates slightly.

Palantir Technologies Inc. (NYSE:PLTR) soared 20.44% to $17.97, with the day’s range between $18.30 and $17.21, while its 52-week range is $20.24 to $5.92. Palantir’s strong third-quarter performance was driven by growth in both commercial and government sectors.

Photo by Pixels Hunter on Shutterstock

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