NVDA, BABA, JMIA, CMG, TSLA: Top 5 Trending Stocks Today - Alibaba Gr Hldgs (NYSE:BABA), Chipotle Mexican

　　On Tuesday, major U.S. indices showed mixed results. The Dow Jones Industrial Average fell by 0.1% to 39,291.97, while the S&P 500 inched up almost 0.1% to 5,576.98. The Nasdaq saw a slight increase of 0.14%, closing at 18,429.29.

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

　　Nvidia CorporationNVDA

　　Nvidia saw a 2.48% increase, closing at $131.38. The stocks intraday high was $133.82, with a low of $128.65. Its 52-week high and low are $140.76 and $39.23 respectively. The company is experiencing a surge in demand for AI and data centers, leading to a significant adjustment in its price target from $130 to $180, according to a recent report by KeyBanc Capital Markets analyst John Vinh.

　　Alibaba Group HoldingBABA

　　Alibabas stock rose by 2.99% to close at $75.70. The intraday high and low were $76.06 and $73.97 respectively, with a 52-week range of $102.5 to $66.63. Alibaba, along with other tech giants, is engaged in a price war with China's domestic AI startups, slashing the prices of their latest AI models.

　　Jumia Technologies AG – ADRJMIA

　　Jumia‘s shares skyrocketed by 29.91%, closing at $10.99. The stock’s intraday high was $11.21, with a low of $8.98. Its 52-week high and low are $11.21 and $2.23 respectively. Benchmark analyst Fawne Jianginitiated coverage on the stock with a Buy rating and a $14 price target, citing Africas booming population and the proliferation of smartphones and mobile internet services.

　　Chipotle Mexican Grill, Inc.CMG

　　Chipotles stock fell by 3.41% to close at $57.48. The intraday high and low were $60.16 and $57.35 respectively, with a 52-week range of $69.26 to $35.37. The company recently executed a stock split, making its shares more accessible to a broader range of investors. However, a study by Wells Fargo analyst Zachary Fademrevealed substantial inconsistencies in Chipotle's portion sizes.

　　Tesla Inc.TSLA

　　Tesla‘s stock rose by 3.71%, closing at $262.33. The stock’s intraday high was $265.61, with a low of $250.3. Its 52-week high and low are $299.29 and $138.8 respectively. Tesla's share of the EV market in the U.S. has dipped below half for the first time, according to new estimates released by research firm Cox Automotive.

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

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