Stocks experienced notable trading activity and significant price fluctuations on Monday. Trump Media & Technology Group Corp. (DJT) saw a substantial increase of $10.67, reaching $41.56, after a federal judge dismissed a stolen documents case against Donald Trump shortly after an assassination attempt on the former president over the weekend.
Conversely, Macy’s Inc. (M) observed a decline of $2.53, dropping to $16.54, subsequent to announcing the termination of long-standing buyout discussions with investment firms Arkhouse and Brigade.
Burberry Group plc (BURBY) faced a decrease of $1.89, falling to $9.89, as the British luxury fashion brand appointed a new CEO and predicted an operating loss for the first half of the year.
On the positive side, BlackRock Inc. (BLK) climbed $4.03 to $832, surpassing Wall Street’s profit projections for the second quarter.
Apple Inc. (AAPL) rose by $5.47, reaching $236.01, following reports of robust sales growth in India which prompted analysts to raise its price target.
Goldman Sachs (GS) saw a $7.21 increase, up to $487.62, as the New York investment bank announced a significant 150% rise in second-quarter profits.
However, SolarEdge Technologies Inc. (SEDG) experienced a decline of $3.73, dropping to $27.92, due to a decrease in revenue leading to the layoff of 400 employees.
Tesla Inc. (TSLA) observed an increase of $15.02, reaching $263.25, after CEO Elon Musk endorsed Donald Trump for president in the wake of an assassination attempt on the former president.