Major U.S. markets closed mixed on Tuesday, with the Dow Jones Industrial Average falling 0.23% to 50,461.68, while the S&P 500 advanced 0.61% to 7,519.12 and the Nasdaq climbed 1.19% to 26,656.18.
These are the top stocks that gained the attention of retail traders and investors through the day:
Micron Technology Inc. (NASDAQ:MU)
Micron Technology’s stock surged 19.29% to close at $895.88, after reaching an intraday high of $916.80 and a low of $820.30. The stock’s 52-week range is $92.22 to $916.80. The stock rose 2.08% to $914.53 in after-hours trading.
UBS also sharply increased its earnings forecasts for Micron, projecting earnings per share of $155 in 2027, $167 in 2028 and $117 in 2029. The firm said the AI-driven demand environment, particularly for high-bandwidth memory chips, represents a structural shift for the memory market rather than a traditional semiconductor cycle.
Zscaler’s stock rose 1.22% to close at $184.60, with an intraday high of $191.25 and a low of $181.88. The 52-week range stands at $114.63 to $336.99. The stock crashed 20.78% to $146.24 in the after-hours trading.
The company posted third-quarter revenue of $850.48 million, surpassing estimates. Adjusted earnings per share were $1.08, also beating expectations. Revenue and annual recurring revenue both increased by 25% year-over-year. Zscaler ended the quarter with $982.11 million in cash and equivalents.
Zscaler projected fourth-quarter revenue of $875 million to $878 million, roughly in line with analyst expectations, while forecasting adjusted earnings of $1.08 to $1.09 per share, above consensus estimates. The company’s softer-than-expected revenue outlook appeared to pressure shares in after-hours trading.
Redwire’s stock jumped 26.01% to close at $22.04, after hitting a high of $23.10 and a low of $19.20. The stock’s 52-week high and low are $23.10 and $4.87, respectively. In the after-hours trading, the stock gained 10.5% to $24.36.
Investor sentiment towards space and defense stocks remained strong, fueled by the upcoming SpaceX IPO. Redwire recently secured a multi-year contract from a NATO ally for its Penguin Mk3 tactical uncrewed aerial systems, enhancing its market position.
Intuitive Machines Inc. (NASDAQ:LUNR)
Intuitive Machines’ stock fell by 8.89% to close at $34.86, with a high of $45.52 and a low of $31.35. The 52-week range is $7.78 to $45.52. The stock rose 2.87% to $35.86 in extended trading.
The stock declined after NASA awarded its Lunar Terrain Vehicle contracts to Astrolab and Lunar Outpost, excluding Intuitive Machines. This decision means the company will not participate in a significant multiyear program, impacting investor sentiment.
Advanced Micro Devices Inc. (NASDAQ:AMD)
AMD’s stock increased by 7.78% to close at $503.89, reaching an intraday high of $506.96 and a low of $480.23. The 52-week range is $108.62 to $506.96. The shares rose 0.88% to $508.30 in the after-hours session.
Advanced Micro Devices shares moved higheras investors continued to focus on strong AI infrastructure demand and next-generation computing growth across the semiconductor sector. Sentiment was also supported by comments from Jensen Huang highlighting a projected $200 billion CPU market opportunity and increased production activity tied to AI platforms.
China remained a key market focus for AMD, accounting for more than 22% of the company’s fiscal 2025 net sales. Analysts continue to project strong growth for the chipmaker, with consensus estimates calling for quarterly revenue of $11.28 billion and earnings of $1.55 per share in its next earnings report, compared with $7.68 billion in revenue and 48 cents per share a year earlier.
Benzinga Edge Stock Rankings indicate Micron stock has a Momentum score in the 99th percentile and a Value score in the 16th percentile.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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