Major U.S. indices closed lower, with the Dow Jones Industrial Average declining 1.01% to 45,960.11, the S&P 500 falling 1.74% to 6,477.16 and the Nasdaq dropping 2.38% to 21,408.
These are the top stocks that gained the attention of retail traders and investors through the day.
Meta Platforms Inc. (NASDAQ:META)
The Mark Zuckerberg-led company saw its shares decline by 7.92%, closing at $547.75. The stock reached an intraday high of $583 and a low of $543.35, with a 52-week range of $796.25 to $479.80.
The decline follows a $6 million verdict against Meta and YouTube for creating products linked to harmful behavior in young users. Jurors found Meta negligent in platform design and operation, failing to warn users of potential risks. Additionaly, the company was in the news for laying off several hundred employees.
Kodiak Sciences Inc. (NASDAQ:KOD)
Kodiak Sciences surged 74.77% to close at $39.76, hitting a high of $40.46 and a low of $33.50. The stock’s 52-week range is $40.46 to $1.92.
The company’s stock soared as it advanced plans for a Biologics License Application submission. In the GLOW2 study, Zenkuda showed significant efficacy in treating diabetic retinopathy, with 62.5% of patients achieving notable improvement.
Unity Software Inc. (NYSE:
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