Tuesday, 02 January 2024 12:17 GMT

Today's Top Volume Leaders On The NASDAQ - Two AI Stocks Make The List


(MENAFN- Investor Ideas) Investorideas ( ), a go-to platform for big investing ideas for active stock traders reports on today's top volume leaders on the NASDAQ.

AI stock Zapata Computing Holdings Inc. (NASDAQ: ZPTA ) leads the pack, trading at 0.1242, up 0.0472, gaining 61.2192% on volume of over 544 million shares as of this report.

According to Tip Ranks two days ago - "In a regulatory filing, Zapata AI disclosed that on October 7, the board of the company approved the termination of all of the company's employees, except for a small number of employees to be retained for a short period to administer termination of business activities, including Sumit Kapur, the company's CFO. All such employees were terminated effective October 9. Such actions took place in connection with a planned cessation of the company's operations. The company cannot currently estimate the charges it will incur under generally accepted accounting principles as a result of the termination of its employees.

AI leader NVIDIA Corporation (NASDAQ:NVDA ) also makes the top five volume leaders as of this report, trading down for the day. The stock is trading at $130.99, down $7.08, losing 5.13% on volume of over 306 Million shares. The stock pulled back as other semiconductor shares fell, leaving investors to ask if this is a buying opportunity.

Other top trades include Gritstone bio, Inc. (NASDAQ:GRTS ).The stock is trading at 0.0718, gaining 0.0178, up 32.9630% on volume of over 339 Million shares as of this report.

This stock is also in trouble with TipRanks reporting "Gritstone bio, Inc., a biotech firm specializing in potent vaccines, has voluntarily filed for Chapter 11 bankruptcy to restructure and preserve its value while continuing operations. This move is part of a strategic process to explore alternatives and secure a stalking horse bidder to maximize value, demonstrating commitment to advancing clinical programs. Despite the filing, the company aims to maintain normal operations and minimize impact on stakeholders, continuing its mission to develop innovative immunotherapies and vaccines for oncology and infectious diseases."

About Investorideas - Big Investing Ideas

Investorideas is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

Disclaimer/Disclosure: Investorideas is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info Learn more about publishing your news release and our other news services on the Investorideas newswire /News-Upload/ Global investors must adhere to regulations of each country.

MENAFN15102024000142011025ID1108783096



Investor Ideas

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search