Broadcom, Lululemon, Opendoor, Docusign And Neonode: Why These 5 Stocks Are On Investors’ Radars Today

U.S. stocks advanced on Thursday, with the Nasdaq Composite jumping over 200 points, or nearly 1%, to 21,707.69. The S&P 500 added 0.8% to finish at 6,502.08, while the Dow Jones Industrial Average also rose 0.8%, closing at 45,621.29.

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

Broadcom Inc. (NASDAQ:AVGO)

Broadcom’s stock rose by 1.23%, closing at $306.10. The stock reached an intraday high of $308.78 and a low of $302.25, with a 52-week range of $134.91 to $317.35. Broadcom shares rose nearly 4.6% to $320.11 in after-hours trading. The semiconductor giant reported third-quarter revenue of $15.95 billion, surpassing analyst expectations of $15.83 billion. The company also posted adjusted earnings of $1.69 per share, beating the anticipated $1.65 per share.

Lululemon Athletica Inc. (NASDAQ:LULU)

Lululemon’s shares increased by 3.81%, closing at $206.09. The stock’s intraday range was between $206.64 and $197.67, with a 52-week high of $423.32 and a low of $185.95. The shares plunged in the after-hours session by nearly 16% to $173.67. The company reported mixed second-quarter earnings and issued lower guidance, which impacted its stock performance. For the period, revenue came in at $2.53 billion, which missed the consensus estimate of $2.54 billion, while the earnings per share were $3.10, which beat estimates of $2.90 per share. Lululemon cut its 2025 outlook, projecting revenue of $10.85–$11 billion and EPS of $12.77–$12.97, both below analyst estimates.

Opendoor Technologies Inc. (NASDAQ:OPEN)

Opendoor’s stock surged by 16.18%, closing at $5.96. The stock reached an intraday high of $6.07 and a low of $5.04, with a 52-week range from $0.51 to $6.07. In the after-hours trading, the stock gained 3.7% to touch $6.18. Former CEO Carrie Wheeler recently sold shares worth nearly $35 million following a meme rally that saved the company from delisting.

Docusign, Inc. (NASDAQ:DOCU)

Docusign’s stock saw a modest rise of 0.45%, closing at $76.24. The stock’s intraday high was $76.38, with a low of $74.06, and a 52-week range from $54.32 to $107.86. In the after-hours trading, the shares spiked 8.2% to $82.51. The company reported strong second-quarter earnings, boosting investor confidence. In the quarter, revenue rose to $800.64 million, which beat Street’s estimate of $780.24 million. Earnings per share were reported at 92 cents, beating the consensus estimate of 84 cents.

Neonode Inc. (NASDAQ:NEON)

Neonode’s stock plummeted by 71.38%, closing at $6.16. The stock’s intraday high was $7.74, with a low of $3.80, and a 52-week range from $3.80 to $29.90. In the after-hours trading, the stock dropped nearly 5.7% to $5.81. The sharp decline followed news of anticipated proceeds from a patent lawsuit settlement.

Benzinga’s Edge Stock Rankings show that Broadcom shares have a Growth in the 34th percentile. Here is how this stock ranks against other AI plays like Nvidia and AMD.

Prepare for the day’s trading with top premarket movers and news by Benzinga.

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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal