financetom
Market
financetom
/
Market
/
Dutch Bros, Robinhood, AppLovin Corp, Reddit, Tesla: Why These 5 Stocks Are On Investors' Radars Today
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dutch Bros, Robinhood, AppLovin Corp, Reddit, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Feb 12, 2025 6:20 PM

On Wednesday, U.S. stocks experienced a downturn, with the Dow Jones Industrial Average dropping 225 points to 44,368.56. The Nasdaq Composite saw a marginal increase of 0.03%, settling at 19,649.95, while the S&P 500 fell by 0.3% to 6,051.97. The Consumer Price Index rose to 3% year-over-year, surpassing expectations, which contributed to the market’s overall performance.

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

Dutch Bros Inc. ( BROS ) 

Shares of Dutch Bros ( BROS ) closed at $64.71, marking a 0.78% increase. The stock reached an intraday high of $64.98 and a low of $62.11, with a 52-week range of $26.32 to $68.47. Dutch Bros ( BROS ). stock shot up nearly 25% to $80.79 in the after-hours trading.

The coffee chain’s stock surged following the release of its fourth-quarter earnings, which reported a profit of 7 cents per share, surpassing the consensus estimate of 2 cents. Revenue for the quarter was $342.8 million, exceeding expectations and reflecting significant growth from the previous year.

Robinhood Markets ( HOOD ) 

Robinhood saw a 4.82% rise, closing at $55.91. The stock’s intraday high was $56.74, with a low of $52.65, and it has traded between $11.43 and $57.27 over the past year. In after-hours trading, Robinhood stock shot up over 15% to $64.47. The company reported record revenue in its fourth-quarter earnings, with a notable increase in cryptocurrency revenue, which soared by over 700% to $358 million.

AppLovin Corp ( APP ) 

AppLovin’s stock climbed 1.35% to close at $380.32. The stock hit an intraday high of $390.21 and a low of $372, with a 52-week range of $45.12 to $417.64. The stock rocketed 29% to $490.75 in the after-hours trading. The company’s fourth-quarter results exceeded expectations, with revenue reaching $1.37 billion and earnings per share at $1.73, both beating analyst estimates.

Reddit Inc. ( RDDT ) 

Reddit ( RDDT ) experienced a 1.27% increase, closing at $216.47. The stock’s intraday high was $220.75, with a low of $211, and it has traded between $37.35 and $230.41 over the past year. In after-hours trading, the stock fell sharply by over 13% to $187.80. The company’s fourth-quarter earnings exceeded expectations, although user growth showed signs of slowing.

Tesla Inc. ( TSLA ) 

Tesla shares rose by 2.44%, closing at $336.51. The stock’s intraday high was $346.4, with a low of $329.12, and a 52-week range of $138.8 to $488.54. The electric vehicle maker’s stock gained momentum after an analyst highlighted growth opportunities in autonomous vehicles, robotics, and energy solutions.

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

Read Next:

Powell To Congress: Fed ‘Not There Yet’ On Inflation, CPI ‘Above Every Forecast,’ US Debt Path ‘Unsustainable’

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Energy
Sector Update: Energy
Aug 1, 2024
03:38 PM EDT, 08/01/2024 (MT Newswires) -- Energy stocks fell late Thursday afternoon, with the NYSE Energy Sector Index dropping 2.6% and the Energy Select Sector SPDR Fund (XLE) down 2.8%. The Philadelphia Oil Service Sector index slumped 4.4%, while the Dow Jones US Utilities index gained 1.7%. West Texas Intermediate crude oil fell 1.5% to $76.76 a barrel, while...
Sector Update: Health Care
Sector Update: Health Care
Aug 1, 2024
03:37 PM EDT, 08/01/2024 (MT Newswires) -- Health care stocks were higher late Thursday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both up 1%. The iShares Biotechnology ETF (IBB) fell 0.4%. In corporate news, Becton Dickinson ( BDX ) shares were shedding 2%. The company on Thursday trimmed its full-year organic...
Instant View: Wall Street slides after early rally flips into risk-off move
Instant View: Wall Street slides after early rally flips into risk-off move
Aug 1, 2024
(Reuters) - The S&P 500 briefly fell more than 2% and the Nasdaq more than 3% on Thursday, reversing early gains after data spurred concerns the economy may be slowing to fast the Federal Reserve maintains a restrictive monetary policy. Equities were initially buoyed by gains in Meta Platforms META.O after its quarterly results topped expectations and the Facebook parent...
Chip index collapses 8% as Arm punctures AI optimism
Chip index collapses 8% as Arm punctures AI optimism
Aug 1, 2024
(Reuters) - U.S. chip stocks plummeted on Thursday, on track for their worst day since 2020, after a conservative forecast from Arm Holdings dampened investor optimism about artificial intelligence and data signaled a cooling economy. Shares of Arm sank 16% after the British chip designer's forecast sparked worries that returns from a spending frenzy on AI computing by Microsoft (...
Copyright 2023-2025 - www.financetom.com All Rights Reserved