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Why Bitcoin-Linked MicroStrategy Along With Adial Pharmaceuticals, Alpine Immune Sciences, Marin Software, And Tesla Are On Investors' Radars Today

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Why Bitcoin-Linked MicroStrategy Along With Adial Pharmaceuticals, Alpine Immune Sciences, Marin Software, And Tesla Are On Investors' Radars Today

On Wednesday, key U.S. stock indexes closed lower, as the Dow Jones Industrial Average fell by 1.1% to 38,461.51, the S&P 500 dropped nearly 1% to 5,160.64, and the Nasdaq ended the day down by 0.8% at 16,170.36.

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

MicroStrategy Inc. (NASDAQ:MSTR)

MicroStrategy’s stock rose by 8.67% to close at $1,566. The stock’s intraday high and low were $1566 and $1373.77 respectively, with a 52-week range of $266 to $1999.99. The company is facing a challenging situation as Bitcoin's (CRYPTO: BTC) surge boosts both its shares and convertible bonds, making refinancing these bonds 280% more expensive.

Adial Pharmaceuticals Inc. (NASDAQ:ADIL)

Adial Pharmaceuticals’ stock skyrocketed by 106.19% to close at $2.33. The stock’s intraday high and low were $2.74 and $1.75 respectively, with a 52-week range of $0.77 to $14. The company announced the publication of a peer-reviewed article highlighting the clinical results, strong safety profile, and high compliance among patients administered AD04.

See Also: Here’s How Much Trump Lost After His Newly Listed DJT Stock Erased All Gains Since Public Debut

Alpine Immune Sciences Inc. (NASDAQ:ALPN)

Alpine Immune Sciences’ stock increased by 20.80% to close at $47.04. The stock’s intraday high and low were $47.84 and $37.43 respectively, with a 52-week range of $6.71 to $47.84. The company is reportedly considering strategic options, including a potential sale, following interest from potential buyers.

Marin Software Inc. (NASDAQ:MRIN)

Marin Software’s stock soared by 126.30% to close at $0.65. The stock’s intraday high and low were $0.91 and $0.47 respectively, with a 52-week range of $0.24 to $0.94. The company’s shares are trading higher after announcing upgrades to its Microsoft Corp advertising integration.

Tesla Inc. (NASDAQ:TSLA)

Tesla’s stock fell by 2.89% to close at $171.76. The stock’s intraday high and low were $174.93 and $170.01 respectively, with a 52-week range of $152.37 to $299.29. The company’s shares are trading lower on Wednesday, amid reports of a potential meeting between Tesla’s CEO Elon Musk and Indian Prime Minister Narendra Modi.

Photo by WHYFRAME on Shutterstock

Prepare for the day’s trading with top premarket movers and news by Benzinga.

Read Next: Bitcoin, Ethereum, Dogecoin Rise As BTC Halving Draws Near: Analyst Says King Crypto Likely To See $300K


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