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Nvidia, United Airlines, Moderna, Lucid, Bank Of America: Why These Five Stocks Are On Investors' Horizons Today

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Nvidia, United Airlines, Moderna, Lucid, Bank Of America: Why These Five Stocks Are On Investors' Horizons Today

U.S. stocks exhibited a mixed performance as the trading day drew to a close, with the Nasdaq Composite taking a dip of around 30 points. The Dow Jones Industrial Average marginally rose by 0.04% to settle at 33,997.65, while the NASDAQ saw a 0.25% reduction, ending the day at 13,533.75. The S&P 500 fell 0.01% drop to close at 4,373.20.

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

NVIDIA Corporation (NASDAQ:NVDA) experienced a tumultuous start, witnessing a 6% plunge within the first half-hour of the New York trading session. The stock closed at a 3.24% loss, priced at $446.03, after reaching an intraday high of $447.54 and a low of $424.8. NVDA is still faring well in the broader context, with a 52-week high of $502.66 and a low of $116.18. The Biden administration's plans to halt the export of advanced AI chips to China, including those developed by NVIDIA, contributed to the stock's decline.

United Airlines Holdings Inc (NASDAQ:UAL) shares closed with a 1.49% gain at $40.12, despite reaching an intraday high of $40.44 and a low of $39.38. The airline's 52-week performance ranges from a high of $58.23 to a low of $36.37. United's Q3 results, which beat estimates, were overshadowed by an uncertain Q4 outlook due to the suspension of Tel Aviv flights, driving the stock's movement.

Moderna Inc (NASDAQ:MRNA) shares continued their downward trajectory, closing at a 6.10% loss at $86.33. The biotechnology company's stock hit an intraday high of $91.69 and a low of $86.24, with a 52-week range of $217.25 to $86.24. Moderna's decline was influenced by Pfizer's warning about reduced COVID-19 product demand, impacting several vaccine makers.

Lucid Group Inc (NASDAQ:LCID) saw its shares slip by 5.30%, closing at $5 after hitting an intraday high of $5.23 and a low of $4.9. The electric vehicle maker's 52-week performance has seen a high of $17.81 and a low of $4.87. Lucid's Q3 production and delivery totals announcement contributed to the stock's decline.

Bank of America Corporation (NYSE:BAC) enjoyed a 2.33% rise, with shares closing at $27.62 after reaching an intraday high of $27.87 and a low of $26.72. The bank's 52-week performance has been marked by a high of $38.6 and a low of $25.47. A 10% year-over-year net income growth in Q3 FY23 contributed to the positive performance.

Photo by Phongphan on Shutterstock

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Posted-In: Bank of America electric vehicles EVs Lucid Group Moderna NVIDIA semiconductorsMarkets

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