PLTR, DJT, HIMS, NXPI, TSLA: Top 5 Current Stock Trends – Hims & Hers Health (NYSE:HIMS), Trump Media & Technology (NASDAQ:DJT)

The US stock market experienced a slight downturn on Monday, with the S&P 500 index losing about 0.3%. The Dow Jones Industrial Average fell 0.6% to 41,794.60, while the NASDAQ Composite Index fell 0.3% to 18,179.98.

These are the top stocks that caught the attention of retailers and investors throughout the day:

Palantir Technologies Inc. PLTR

Palantir shares fell 1.22% to close at $41.41, with an intraday high and low of $42.04 and $41.03, respectively. The company reported a 30% year-over-year increase in third-quarter revenue to $725.52 million, beating the consensus estimate of $701.13 million. U.S. revenue rose 44% year over year to $499 million, driven by “relentless AI demand.”

Trump Media & Technology Group Corp. DJT

Trump Media shares were volatile, closing down 12.37% at $34.34. The stock has become an indicator of the outcome of the presidential election, falling over the last week as the race comes to a close. The election remains a very close race, polls show Kamala Harris Top early voter in several swing states.

See also: Tesla investors are confusing 'valuation and stock price,' says Gary Black, as investor sees stock recovering

Hims & Hers Health, Inc. HIM

Hims & Hers Health shares rose 1.96% to close at $20.76. The company reported better-than-expected third-quarter results, with profit of 32 cents per share and quarterly revenue of $401.6 million. This exceeded the analysts' consensus estimate and recorded an increase compared to the same period last year.

NXP Semiconductors NV NXPI

NXP Semiconductors shares fell 0.71% to close at $236.90. The company reported third-quarter earnings of $3.45 per share, beating analysts' consensus estimate. However, quarterly revenue of $3.25 billion met consensus estimates and showed a decline from the same period last year.

Tesla Inc. TSLA

Tesla shares fell 2.47% to close at $242.84. The company, which has historically shunned celebrity promotions, has signed a South Korean pistol shooter Kim Ye-ji as a brand ambassador, indicating a possible change in his marketing strategy.

Image via Shutterstock

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This story was created with Benzinga Neuro and edited by Shivdeep Dhaliwal