Palantir, Mustang Bio, DraftKings, Micron, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro

June 17, 2024

On Monday, major U.S. indices saw gains, with the Dow Jones Industrial Average closing nearly 0.5% higher at 38,778.10, the S&P 500 rising almost 0.8% to 5,473.23, and the Nasdaq climbing 0.95% to 17,857.02.

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

Palantir Technologies Inc. (NYSE:PLTR)

Palantir’s shares climbed 6.15% to close at $25.02, with an intraday high of $25.06 and a low of $22.84. The stock’s 52-week range is between $27.50 and $13.56. Argus Research’s analyst initiated coverage with a Buy rating and a $29 price target, citing expansion into the commercial sector and growth in government business as key drivers.

Mustang Bio Inc. (NASDAQ:MBIO)

Mustang Bio’s stock skyrocketed by 476.92%, closing at $0.75, after reaching an intraday peak of $0.97 and a low of $0.29. The 52-week range has been $8.17 to $0.13. The shares soared after the company announced safety and efficacy data from the complete Waldenstrom Macroglobulinemia cohort of its Phase 1/2 clinical trial of MB-106, showing a 90% overall response rate with one patient remaining in complete remission at 31 months.

See Also: As Apple, Nvidia Trade Near All-Time Highs, Jim Cramer Tells Investors To Cash In On AI Stocks: ‘Let’s Not Be Too Greedy’

DraftKings Inc. (NASDAQ:DKNG)

DraftKings saw its shares increase by 7.81% to end the day at $41.95, with an intraday high of $42.21 and a low of $38.93. The stock’s 52-week high is $49.57, with a low of $24.16. The surge came after the U.S. Supreme Court’s decision impacting online sports betting in Florida and tax optimism in New Jersey.

Micron Technology Inc. (NASDAQ:MU)

Micron’s stock rose 4.58% to $147.83, with a high of $148.75 and a low of $142.14 on the day. The 52-week high is $148.75, and the low is $60.50. Analysts from BofA Securities and Susquehanna maintained positive ratings and raised price targets ahead of the company’s third-quarter financial results.

Tesla Inc. (NASDAQ:TSLA)

Tesla’s shares advanced 5.30%, closing at $187.44. The stock hit a high of $188.81 and a low of $177.00 during the session, with a 52-week range of $299.29 to $138.80. Shareholders recently approved a $44 billion pay package for CEO Elon Musk and voted on other significant corporate decisions.

Image via Shutterstock.

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

Read Next: Trump’s Birthday Speech On Tax Cuts, Immigrants Raises Eyebrows: ‘Our Country Has Never Been In Danger Like It Is In Danger Right Now’

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

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