US Market today: Why did Walmart gain 5%? Check out gainers and losers in US stocks today

Last updated:
US stock market news today

What happened in the US stock market today?

  • US Stocks ended mixed. Nasdaq ended 0.2% lower, Dow Jones rose 0.7%, S&P 500 up 0.2%.
  • Home Depot share price gained 4% on the back of solid June quarter earnings, sales beat analysts’ estimates.
  • US retail sales data in focus today, Rising inflation and high energy cost to impact.
  • Bed Bath & Beyond share price spiked 29% amid the ongoing meme stock trading frenzy - stock has gained 316% in the last 1-month.

US Most Active Stocks Today

Stock price actionReason behind the move
Arcimoto fell 9%Arcimoto share price fell sharply post reporting wider losses than anticipated in the June quarter.
ARK Genomic Revolution ETF lost 4%ARK Genomic Revolution ETF price fell sharply driven by profit-booking in underlying stocks of Fate, CareDx, CRISPR Therapeutics, and Twist Bioscience.
ARK Innovation ETF lost 3%ARK Innovation ETF price fell sharply driven by profit-booking in underlying stocks of Teladoc, Zoom, Spotify, Coinbase, and Unity Software.
Berkshire Hathaway gained 1%Berkshire Hathaway share price gained over reports of repositioning of its investments, buys Apple, Chevron shares, sells Verizon stock.
Direxion Daily Semiconductor Bull 3X ETF fell 3%Direxion Daily Semiconductor Bull 3X ETF price fell following the loss in chip stocks of Marvell Technology, QUALCOMM and Broadcom.
Direxion Daily Technology Bull 3X ETF fell 1%Direxion Daily Technology Bull 3X ETF price fell following the losses in underlying tech stocks of NVIDIA, Microsoft and Mastercard.
Disney gained 1%Disney share price extended gains post reports of new stake purchase by activist Hedge fund manager Dan Loeb, ESPN spinoff on the cards.
DocuSign fell 3%DocuSign fell sharply after Tiger Global Management, the hedge fund owned by billionaire Chase Coleman, sold its stake in the stock.
Nu jumped 18%Nu share price extended gains over reports of tech investor SoftBank buying a stake, solid earnings during June quarter. Stock up 42% in last 1-month.
ProShares Ultra Semiconductors fell 2%ProShares Ultra Semiconductors ETF price fell driven by losses in chip stocks of QUALCOMM, Broadcom and Texas Instruments.
ProShares UltraPro S&P 500 ETF gained 1%ProShares UltraPro S&P 500 ETF price extended gains tracking the rise in S&P 500 index post strong earnings release by Walmart, Home Depot.
Rivian jumped 3%Rivian share price jumped sharply over reports of a 'Buy' recommendation by Goldman Sachs Group with a target share price of $41.
Roblox fell 2%Roblox share price extended decline on the back of profit-booking, the video game platform share price still up 20% in last 1-month.
Snapchat gained 5%Snapchat share price extended jumped over reports of crossing 1 million premium subscribers, stock up 20% in last 1-month.
Spotify fell 2%Spotify share price fell over reports of it offering 3-month trial for its subscription service, indicating sales pressure.
Upstart rose 10%Upstart share price rose sharply over reports of growth-oriented hedge fund Coatue Asset Management buying a large stake in June quarter.
Walmart rose 5%Walmart share price jumped post forecasting a smaller drop in profits for the 2nd half of year 2022 than previously projected.
WeWork jumped 5%WeWork share price gained sharply over technical bounceback, stock up 18% in last 1-week.
Zoom lost 4%Zoom share price fell sharply after Citi downgraded it to 'Sell' due to hurdles to sustaining growth.
  • Why did Walmart share price rise?

  • Why did Zoom share price decline?

  • Why is Bed Bath & Beyond share price on a rally?