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On October 4, several stocks saw significant trading activity, both by share volume and dollar volume. Below is a breakdown of the top performers in each category.
Most Active by Share Volume
- Phoenix Motor Inc. (PEV) led the list with a massive volume of 201,759,434 shares traded. The stock closed at $1.0301, marking an increase of +0.6826.
- NVIDIA Corporation (NVDA) followed with 177,671,833 shares changing hands. The stock showed a positive gain of +1.337, closing at $124.187.
- ProShares Trust (SQQQ) traded 149,792,324 shares but faced a decrease, falling by -0.155 to close at $7.555.
- noco-noco Inc. (NCNC) and Beneficient (BENF) also made the list with share volumes of 136,190,319 and 101,469,721, respectively. Both stocks saw price increases, with NCNC closing at $0.1773 (+0.0447) and BENF at $1.7801 (+0.5901).
Most Active by Dollar Volume
- NVIDIA Corporation (NVDA) not only led by share volume but also by dollar volume, showing a price increase of +1.337 or +1.0883%.
- Tesla Inc. (TSLA) also had a robust dollar volume, with its stock price increasing by +8.61 or +3.5777% to close at $249.27.
- The SPDR S&P 500 ETF (SPY) saw a modest gain, up +2.44 or +0.4297%, closing at $570.26.
- Invesco QQQ Trust (QQQ) experienced a gain of +3.25 or +0.6748%, closing at $484.84.
- Advanced Micro Devices (AMD) made notable gains, increasing by +7.1301 or +4.3783%, to close at $169.9801.
Broader Market Overview
While some stocks experienced significant price swings, the overall market context was relatively positive. On the same day, the S&P 500 rose by 0.6%, the Nasdaq Composite jumped by 0.9%, and the Dow Jones Industrial Average added 205 points or 0.5%. This broader market optimism was driven by a stronger-than-expected jobs report, which revealed that nonfarm payrolls grew by 254,000 in September, surpassing the forecasted 150,000. Additionally, the unemployment rate ticked down to 4.1%, bolstering investor confidence in the health of the economy. The positive economic data helped to mitigate some of the negative movements in individual stocks, contributing to a generally favorable trading session.