PYPL, SAVE, DFS, TSM, TSLA: Top 5 Trending Stocks Today – Discover Finl (NYSE:DFS), PayPal Holdings (NASDAQ:PYPL)

U.S. stocks were in the red at the end of trading on Wednesday. The Dow Jones Industrial Average finished 0.25% lower at 37,266.67, while the S&P 500 slipped 0.56% to 4,739.21. The Nasdaq ended the day down 0.59% lower at 14,855.62.

These are the top stocks that gained the attention of retail traders and investors throughout the day:

PayPal Holdings Inc PYPL

PayPal closed at $59.89, up 2.46%, with an intraday high of $59.98 and a low of $56.47. The stock’s 52-week range is between $50.25 and $88.63. Analysts expect 2024 to be a transition year for PayPal, with the stock anticipated to be range-bound in the short term.

Discover Financial Services DFS

Discover Financial Services ended the day at $108.74, down 0.84%, after reaching a high of $109.56 and a low of $107.81. The 52-week range for the stock is $79.04 to $122.5. The company’s quarterly earnings fell below expectations, leading to a decline in its after-hours session.

Spirit Airlines, Inc. SAVE

Spirit Airlines’ stock plummeted by 22.47% to close at $6.14, with an intraday high of $6.77 and a low of $5.74, which is also its 52-week low. The stock’s 52-week high is $20.99. The decline followed a federal judge’s decision to block a proposed acquisition by JetBlue Airways Corporation.

Taiwan Semiconductor Manufacturing Co Ltd TSM

Taiwan Semiconductor’s shares increased by 1.26%, closing at $102.95. The stock hit a high of $103.33 and a low of $100 during the day, with a 52-week range of $81.21 to $110.69. The company’s fourth-quarter earnings are highly anticipated, amidst geopolitical tensions and competition from Intel.

Tesla Inc TSLA

Tesla closed at $215.55, down 1.98%, with an intraday high of $215.67 and a low of $212.01. The 52-week range for Tesla is $124.31 to $299.29. The company recently reduced the prices of its Model Y SUV in Germany, impacting its stock performance.

Photo by Phongphan on Shutterstock

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