WK Kellogg, Nvidia, Costco, Plug Power, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
On a day of mixed reactions to President Trump's tariff letters, the stock market remained stable. The Dow rose 0.5%, S&P 500 gained 0.6%, and Nasdaq increased nearly 1%. Notable stock movements included WK Kellogg, which surged 3.49% amid acquisition talks, NVIDIA up 1.80% with a market cap over $4 trillion, Costco down 0.38% despite an 8% sales increase, Plug Power soaring 25.35% after a hydrogen supply deal, and Tesla falling 0.65% due to rising copper prices affecting EV costs.
On a day marked by mixed reactions to President Donald Trump’s tariff letters, the stock market displayed a surprising calm. The Dow Jones Industrial Average rose 0.5% to 44,458.30, while the S&P 500 gained 0.6% to 6,263.26. The Nasdaq also gained almost a percent to 20,611.34.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
WK Kellogg Co KLG
Kellogg’s stock soared by 3.49%, closing at $17.50. The stock’s intraday high and low were $17.67 and $16.88, respectively, with a 52-week range of $14.80 to $22.21. The shares spiked 56.46% to $27.38 in after-hours trading. This surge followed a report that Ferrero, an Italian candy company, is nearing a deal to acquire Kellogg for roughly $3 billion.
NVIDIA Corp NVDA
Nvidia’s shares rose by 1.80%, closing at $162.88. The intraday high was $164.42, the low was $161.16, and the 52-week range is $86.63 to $164.42. The company’s market capitalization crossed the $4 trillion threshold following a reaffirmation from key customer OpenAI of its commitment to using Nvidia’s AI chips.
Costco Wholesale Corp COST
Costco’s shares dipped slightly by 0.38%, closing at $982.09. The intraday high and low were $988.39 and $972.28, respectively, with a 52-week range of $793.03 to $1078.23. The company reported an 8% year-over-year increase in net sales for June, totaling $26.44 billion. Net sales rose 8% on a year-over-year basis.
Plug Power Inc. PLUG
Plug Power’s stock skyrocketed by 25.35%, closing at $1.78. The intraday high and low were $1.85 and $1.43, respectively, with a 52-week range of $0.69 to $3.34. The company announced the renewal and expansion of a multi-year hydrogen supply agreement with a U.S.-based industrial gas partner.
Tesla Inc TSLA
Tesla’s shares fell by 0.65%, closing at $295.88. The intraday high and low were $300.15 and $293.55, respectively, with a 52-week range of $182 to $488.54. The Elon Musk-led company is facing challenges due to the surge in copper prices, which has made building an EV pricier.
Prepare for the day’s trading with top premarket movers and news by Benzinga.
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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
