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Home»Trending»CVNA, ENVX, PFE, NIO, TSLA: Today’s Top 5 Trending Stocks – Carvana (NYSE:CVNA), Enovix (NASDAQ:ENVX)
Trending

CVNA, ENVX, PFE, NIO, TSLA: Today’s Top 5 Trending Stocks – Carvana (NYSE:CVNA), Enovix (NASDAQ:ENVX)

prosperplanetpulse.comBy prosperplanetpulse.comMay 2, 2024No Comments2 Mins Read0 Views
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Major US indexes were mixed on Wednesday. The Dow Jones Industrial Average closed 0.2% higher at 37,903.29, while the S&P 500 index fell 0.3% to 5,018.39. Similarly, the Nasdaq fell 0.33% to close at 15,605.48.

Below are the top stocks that caught the attention of retail traders and investors throughout the day.

carvana company CVNA

Carvana stock rose 5.03% to close at $87.09 after strong first quarter results. The company’s revenue was $3.061 billion, exceeding consensus expectations, and sales were 91,878 units, an increase of 16% year over year.

Enobix Co., Ltd. ENVX

Enovix stock jumped 3.99% to close at $6.51. Although its quarterly loss of 31 cents per share missed analysts’ consensus estimates, the company reported a blockbuster first-quarter revenue of $5.272 million, a significant increase from the same period last year.

Related article: Goldman Sachs tempers investor excitement over China’s Tesla self-driving technology: ‘It’s not yet an unsupervised product’

Pfizer Japan Inc PFE

Pfizer stock rose 6.09% to close at $27.18. The company reported first-quarter adjusted EPS of $0.82, which was down 33% year-over-year but beat consensus of $0.54. Revenue fell 20% to $14.9 billion, but still beat the consensus of $14.2 billion.

NIO Co., Ltd. Nio

NIO stock rose 11.65% to close at $5.27. The company reported that vehicle deliveries in April increased by 134.6% compared to the same month last year, reaching a total of 15,620 vehicles.

tesla company TSLA

Tesla shares fell 1.79% to close at $180 despite news that fully autonomous driving software could be rolled out in China.

Photo by Jirapong Manustrong on Shutterstock

Prepare for the day’s trading with pre-market top movers and news from Benzinga.

Read next: Supreme Court: Drivers delivering baked goods aren’t baking bread, they’re in the transportation business


Designer
Benzinga Neuroedited by

Shivdeep Dhaliwal


The GPT-4-based Benzinga Neuro content generation system leverages the extensive Benzinga ecosystem, including native data, APIs, and more, to create comprehensive, timely stories. learn more.




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