On “Liberation Day,” President Donald Trump introduced new tariffs, leading to a significant sell-off in the stock market. This caused major indexes to drop sharply, with the S&P 500 futures falling 2.7%, Nasdaq futures decreasing by 3.3%, and Dow Jones futures down by 1.9%. Despite this, some stocks still gained attention from retail traders and investors. Here’s a look at the top trending stocks during this turbulent day.
Nvidia Corporation (NVDA)
Stock Performance:
Nvidia’s stock closed at $110.42, up by 0.25%. The intraday high reached $111.98, while the low was $106.79. The 52-week range for Nvidia’s stock is between $75.61 and $153.13.
After-Hours Trading:
After the market closed, Nvidia’s shares dropped by over 5.6%. Nvidia has been struggling this year, with its shares down by 19.6% year-to-date. This decline is mainly due to concerns over AI spending and the risk of trade restrictions, as the company relies heavily on China for AI chip sales.
Advanced Micro Devices, Inc. (AMD)
Stock Performance:
AMD’s stock rose by 0.18%, closing at $102.96. The intraday high was $104.19, and the low was $100.76. Its 52-week high and low are $187.28 and $94.73, respectively.
After-Hours Trading:
In after-hours trading, AMD’s stock corrected by 5.8%. The company recently completed a $4.9 billion acquisition of ZT Systems, which is expected to boost its AI and data-center capabilities, strengthening its competition with Nvidia.
Apple Inc. (AAPL)
Stock Performance:
Apple’s stock increased by 0.31%, closing at $223.89, with a high of $225.19 and a low of $221.02. The 52-week range for Apple is $164.08 to $260.09.
After-Hours Trading:
After hours, Apple shares fell over 7%. Analysts are optimistic about Apple’s prospects, as the company is expected to see a strong iPhone upgrade cycle, driven by new AI features and higher margins from its custom silicon.
Meta Platforms, Inc. (META)
Stock Performance:
Meta’s stock declined by 0.35%, ending the day at $583.93. The stock reached a high of $592.66 and a low of $573.36. The 52-week range for Meta is between $414.50 and $740.89.
After-Hours Trading:
In after-hours trading, Meta’s stock dropped by over 4.8%. This decline follows the announcement of Meta’s AI chief’s departure, although CEO Mark Zuckerberg continues to invest heavily in AI technologies to push the company forward.
Tesla, Inc. (TSLA)
Stock Performance:
Tesla’s stock surged 5.33%, closing at $282.76. The intraday high was $284.99, and the low was $251.27. Its 52-week range is $138.80 to $488.54.
After-Hours Trading:
Tesla shares corrected by 8% in after-hours trading. Despite the broader industry experiencing growth, Tesla reported an 8% drop in vehicle sales for March, as competitors benefited from a tariff-driven rush.
Despite a rough day for the market, stocks from Nvidia, AMD, Apple, Meta, and Tesla continued to capture investors’ attention. While some faced challenges, like Nvidia and Meta, others, such as Tesla, showed resilience. As the market continues to adjust to new tariffs, these companies will remain at the forefront of the financial landscape. Keep an eye on their future movements as they navigate this turbulent period.
