Top 5 Trending Stocks Today: TSLA, AVGR, JTAI, TEVA, NFLX

Wall Street kicked off the holiday season positively, marking a significant start to the Santa Rally. In a shortened trading session leading up to the Christmas holidays, all major indices showed gains. The S&P 500 increased by 1.1%, achieving its third consecutive day of growth after a week marked by fluctuation surrounding a Federal Reserve meeting. The Nasdaq 100 rose by 1.35%, recovering almost all of last week's losses, while the Dow Jones Industrial Average finished 0.9% higher.

In this favorable trading atmosphere, several stocks captured the spotlight among retail traders and investors.

Tesla Inc. saw a remarkable increase of 7.35%, closing at $462.25. The stock reached an intraday high of $462.78 and a low of $435.14. Over the past year, Tesla's stock fluctuated between a high of $488.54 and a low of $138.80. CEO Elon Musk expressed optimism, indicating that Tesla could potentially exceed the combined value of all transportation companies, excluding SpaceX, if innovative efforts continue.

Avinger Inc. experienced a staggering jump of 125.72%, ending the day at $1.45. Its intraday trading saw a high of $1.93 and a low of $1.01. Avinger's stock has a 52-week range, with a high of $5.45 and a low of $0.39. The company recently announced that it received a Notice of Allowance for a U.S. patent on a "Catheter Device With Detachable Distal End (For The Treatment Of Peripheral Artery Disease)." This news significantly spurred investor interest.

Jet.AI Inc. also saw impressive growth, surging by 79.24% to close at $6.13. During the trading day, it peaked at $9.99 and dipped to $5.85. Over the past year, the stock's range has been quite wide, with a high of $607.51 and a low of $3.29. The surge in Jet.AI's stock follows the launch of "Ava," an advanced AI model designed to enhance private jet booking processes.

Meanwhile, Teva Pharmaceutical Industries Limited showed modest gains, rising by 0.95% to reach $22.42. The stock fluctuated between a high of $22.50 and a low of $22.19 on the day. Its 52-week span highlights a maximum of $22.50 and a minimum of $10.34. Notably, Stanley Druckenmiller's Duquesne Family Office increased its investment in Teva by acquiring over 1.4 million shares in the third quarter, reflecting confidence in the company's prospects.

Lastly, Netflix Inc. raised 2.27% to close at $932.12, characterized by an intraday high of $935.85 and a low of $911.70. Netflix's stock has seen a 52-week range from $461.86 to a high of $941.75. Recently, Netflix took legal action against Broadcom's subdivision VMware over claims of patent infringement, which may affect its business operations in the future.

As market excitement continues, traders should remain informed regarding top movers and the latest news in the market.

Stocks, Market, Trading