“Apple’s Stock Stumbles After Wonderlust Event: What’s Next for AAPL Investors?”

U.S. stocks displayed a mixed performance as the trading day approached its conclusion. Apple’s Stock Stumbles After Wonderlust Event The Nasdaq Composite index witnessed a notable decline, dropping by over 140 points on Tuesday, ultimately closing at 13,773.61. Conversely, the Dow Jones Industrial Average experienced a slight dip of 0.05%, settling at 34,645.99. The S&P 500 also found itself in negative territory, with a 0.57% decrease, closing at 4,461.90.

Here’s an overview of the top stocks that garnered the attention of both retail traders and investors throughout the day:

1. Apple Inc. (NASDAQ: AAPL) Apple’s Stock Stumbles After Wonderlust Event. Apple’s performance on the day was less than stellar, with a decline of 1.71%, closing at $176.30. The stock hit an intraday high of $180.13 and a low of $174.82. Its 52-week trading range extends from a high of $198.23 to a low of $124.17. Following Apple’s highly anticipated Wonderlust Event 2023, the market’s response to the new product unveiling was lukewarm.
2. WeWork Inc. (NASDAQ: WE) WeWork’s shares witnessed a significant surge of 86.36%, closing at $5.74. The stock reached an intraday high of $6.72 and a low of $3.01. Over the past 52 weeks, the stock has fluctuated between a high of $176.4 and a low of $2.61. Despite the absence of specific company news, WeWork’s shares saw a substantial rise, as the company became a popular choice among retail investors.
3. Exxon Mobil Corp (NYSE: XOM) Exxon Mobil’s shares gained 2.89%, closing at $117.49. Intraday movements saw the stock reach a high of $117.67 and a low of $115.27. The stock’s 52-week range spans from $119.92 to $83.89. The rise in Exxon Mobil’s stock is attributed to OPEC’s maintained growth forecasts and predictions of a supply shortfall in the global oil markets.
4. Adobe Inc. (NASDAQ: ADBE) Adobe’s shares experienced a decline of 3.95%, settling at $542.21. The stock reached an intraday high of $559.09 and a low of $540.37. Over the past year, the stock has traded between a high of $570.24 and a low of $274.73. Despite recent strength in Adobe’s stock, it pulled back, with the company poised to report its third-quarter earnings in the coming days.
5. Tesla Inc. (NASDAQ: TSLA) Tesla’s shares declined by 2.23%, closing at $267.48. The stock reached an intraday high of $278.39 and a low of $266.6. Its 52-week range is between $313.8 and $101.81. Tesla’s recent venture into supercomputing with the Dojo supercomputer garnered significant attention on Wall Street, with Morgan Stanley analysts predicting a substantial increase in the company’s market value.