Stock Market Recap: Major Movers and Shakers Dominate Trading Day

JJ Bounty

The U.S. stock indices showed a mixed performance at the conclusion of Tuesday’s trading session. The Dow Jones fell nearly 160 points to 37,525.16, representing a 0.42% decline. The S&P 500 also dropped by 0.15% to 4,756.50, while the Nasdaq managed to eke out a gain of 0.09% to reach 14,857.71.

Here’s a breakdown of the top stocks that grabbed the attention of both retail traders and investors throughout the day:

Grayscale Bitcoin Trust (GBTC)

The stock of Grayscale Bitcoin Trust maintained stability, closing at $39 with a marginal change of 0.00%. It reached an intraday high of $39.89 and a low of $38.84 within the 52-week range of $39.89 to $9.26. The performance of GBTC remains closely associated with the volatility of the cryptocurrency market, particularly Bitcoin (BTC/USD), which experienced significant swings on Tuesday following a breach of the Securities and Exchange Commission’s X account.

Coinbase Global, Inc. (COIN)

Coinbase’s shares experienced a decrease of 4.66% to close at $151.99. The stock reached an intraday high of $159.99 and a low of $151.32 within a 52-week range of $187.39 to $37.74. Recent developments include a price target increase by Needham analyst John Todaro and approval from France’s AMF watchdog.

TG Therapeutics, Inc. (TGTX)

TG Therapeutics’ stock witnessed a 1.36% decrease, concluding the day at $21.01. It fluctuated between a high of $21.32 and a low of $19.40 within a 52-week range of $35.67 to $6.46. The company recently entered into an agreement with Precision BioSciences in an effort to expand its autoimmune portfolio.

Aehr Test Systems (AEHR)

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Aehr Test Systems’ stock recorded a 1.54% increase, closing at $22.35. The stock reached an intraday high of $23.09 and a low of $21.15 within a 52-week range of $54.10 to $21.15. Despite the solid Q2 results, the company anticipates delays that may impact full-year revenue.

Tesla, Inc. (TSLA)

Tesla’s stock declined by 2.28%, closing at $234.96. It experienced an intraday high of $238.96 and a low of $232.04 within the 52-week range of $299.29 to $114.92. Notably, CEO Elon Musk recently refuted allegations related to the departure of former director Linda Johnson Rice.

Photo by Jirapong Manustrong on Shutterstock

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