US stock markets experienced a downturn today, with the S&P 500 declining by 1.07% and the NASDAQ falling almost 1.2%. The Dow Jones Industrial Average dropped almost 1%. Despite this, certain stocks garnered significant attention from investors.
Key movers included Federal National Mortgage Association (Fannie Mae), whose stock surged 36.14% to close at $3.39, driven by comments from Bill Ackman on potential conservatorship exit for the company under the incoming Trump administration.
Boeing Co.’s shares fell 2.31% to close at $176.55 after a tragic crash involving a 737-800 in South Korea prompted safety inspections of the aircraft.
MicroCloud Hologram Inc. saw its stock skyrocket by 167.08% to $6.41, following the announcement of a breakthrough in quantum technology that enhances control over qubits in a double quantum dot system.
Other movers included MicroStrategy Inc., Tesla Inc., and Boeing Co., which experienced declines ranging from 8.19% to 3.30%. These stocks were affected by various factors including company announcements, regulatory news, and market sentiment.
Source: https://www.benzinga.com/24/12/42735402/bill-ackman-sets-off-fannie-mae-buzz-boeing-microcloud-hologram-microstrategy-tesla-also-on-investors-radars-today