U.S. stocks traded lower toward the end of trading, with the S&P 500 falling more than 1.3% on Wednesday to 4,314.60. The Dow traded down 0.98% to 33,665.08 while the NASDAQ fell 1.62% to 13,314.30.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Tesla Inc (NASDAQ:TSLA) closed the day at -4.78%, with a price of $242.68, after hitting an intraday high of $254.63 and a low of $242.08. The electric vehicle giant reported a revenue miss in its third-quarter financial results, attributing the fluctuations to growth in vehicle deliveries and other business lines. The anticipated Cybertruck launch is set for November 2023.
Netflix Inc (NASDAQ:NFLX) ended the day at -2.68%, priced at $346.19, peaking at $354.79 and bottoming at $344.73 during the day. The company reported a 7.8% year-over-year increase in third-quarter revenue, beating estimates due to higher-than-expected member growth and the ongoing expansion of streaming globally.
American Airlines Group Inc (NASDAQ:AAL) saw a decline of -4.86%, closing at $11.36 after reaching an intraday high of $11.74 and a low of $11.22. The airline's stock was affected by uncertain guidance from United Airlines Holdings Inc (NASDAQ:UAL), leading to a selloff in the stock.
Nvidia Corp (NASDAQ:NVDA) closed at -3.96%, with a price of $421.96, after reaching an intraday high of $432.19 and a low of $418.25. The company is engaged in multiple endeavors to boost its revenue stream, including a partnership with iPhone Maker partner, Hon Hai Precision Industry Co Ltd (OTC:HNHPF), to develop AI-powered electric vehicle and robotics platforms. However, Wall Street analysts estimate a near-term to long-term impact on Nvidia due to the additional U.S. embargo on China.
Roku Inc (NASDAQ:ROKU) plummeted -9.25%, closing at $62.1 after hitting an intraday high of $66.8 and a low of $62.02. The company's stock slid after a Wall Street analyst warned of continued softness in the ad market, impacting the company's earnings through the end of the year, according to a Yahoo Finance report.