Stock Market July 13th 2023: Market Shows Mixed Performance
New York, July 13, 2023 — The U.S. stock market experienced a mixed performance today, with major indices showing varied gains. The S&P 500 is trading at 4,496.25, recording an increase of 24.09 points (+0.54%). Similarly, the DJIA climbed 86.47 points (+0.25%), settling at 34,433.90. Meanwhile, the NYSE ended the day at 16,090.76, up by 79.48 points (+0.50%). The NASDAQ Composite exhibited a stronger surge, closing at 14,049.80 with a gain of 130.84 points (+0.94%).
Stock Market July 13th 2023: Market movers caught the attention of investors today. Among them was Mullen Automotive Inc (MULN), which saw its stock price rise to $0.15, indicating a gain of $0.01 (+3.60%). The company experienced high trading volume, reaching 166.8 million shares.
Nikola Corp (NKLA) also made significant strides, with its stock price reaching $1.65, reflecting a substantial increase of $0.27 (+19.61%). The trading volume for Nikola Corp stood at 37.5 million shares.
In contrast, Rivian Automotive Inc (RIVN) saw a modest uptick, closing at $25.98, representing a marginal gain of $0.07 (+0.27%). The stock was traded heavily today, with a volume of 36.2 million shares.
Among the top gainers in terms of percentage change, Synaptogenix Inc (SNPX) performed exceptionally well, with a stock price of $1.44, up by $0.58 (+67.25%). The trading volume for Synaptogenix Inc reached 19.2 million shares. Jiuzi Holdings Inc (JZXN) also showcased a strong performance, closing at $4.33, with a gain of $1.54 (+55.20%). The stock experienced heavy trading volume of 26.8 million shares. Similarly, 60 Degrees Pharmaceuticals Inc (SXTP) surged to $6.99, witnessing an increase of $2.31 (+49.27%). The trading volume for 60 Degrees Pharmaceuticals Inc stood at 13.1 million shares.
On the other hand, several stocks experienced losses. Marti Technologies Inc (MRT) saw a significant decline, closing at $2.67, down by $1.37 (-33.91%). The trading volume for Marti Technologies Inc stood at 813.2 thousand shares. Viasat Inc (VSAT) also struggled, with its stock price plummeting to $29.84, showing a decrease of $13.14 (-30.58%). The trading volume for Viasat Inc reached 4.7 million shares. Additionally, First Wave BioPharma Inc (FWBI) closed at $0.93, witnessing a decrease of $0.41 (-30.45%). The stock was traded heavily today, with a volume of 2.2 million shares.
Overall, today’s market activity showcase a mix of gains and losses, reflecting investors’ reactions to the latest earnings reports. Market participants will continue to monitor these developments closely in the coming days.