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NKE, RIVN, DJT, FDX, BB: 5 Trending Stocks Today - Rivian Automotive (NASDAQ:RIVN)
Benzinga· 2025-12-19 01:35
Market Overview - U.S. markets experienced gains, with the Nasdaq rising nearly 1.4% to 23,006.36, the S&P 500 increasing by almost 0.8% to 6,774.76, and the Dow Jones Industrial Average edging up 0.1% to 47,951.85 [1] Rivian - Rivian's stock surged by 15.03%, closing at $20.28, with an intraday high of $20.33 and a low of $18.26, and a 52-week range between $20.33 and $10.36 [1] - The company expanded its hands-free assisted driving capabilities with software update 2025.46, increasing coverage to over 3.5 million miles of roads in the U.S. and Canada from about 135,000 miles previously [2] - Analysts view Rivian's advancements in autonomy and the upcoming R2 platform as positive indicators for the company's long-term outlook [2] Nike - Nike's stock dipped by 0.091%, closing at $65.63, with an intraday high of $67 and a low of $65.40, and a 52-week range between $82.44 and $52.28 [3] - Despite reporting better-than-expected second-quarter earnings with revenue of $12.43 billion and earnings of 53 cents per share, the stock fell, with revenue up 1% year-over-year and Nike Brand revenues totaling $12.1 billion [3] Trump Media & Technology Group - Trump Media's stock skyrocketed by 41.93%, closing at $14.86, with an intraday high of $15.20 and a low of $12.71, and a 52-week range between $43.45 and $10.18 [4] - The company announced plans to merge with TAE Technologies in an all-stock deal valued at over $6 billion, targeting a mid-2026 close and planning to begin construction of a utility-scale fusion power plant next year [5] FedEx - FedEx shares rose by 1.74%, closing at $287.12, with an intraday high of $288.05 and a low of $281.60, and a 52-week range between $295.24 and $194.30 [6] - The company reported second-quarter revenue of $23.5 billion and adjusted earnings of $4.82 per share, exceeding estimates, driven by stronger package yields and higher U.S. volume [7] - FedEx raised its fiscal 2026 revenue growth outlook to 5%–6% and lifted the low end of its adjusted EPS guidance to $17.80, while reiterating plans for $1 billion in permanent structural cost reductions [7] BlackBerry - BlackBerry's stock increased by 1.64%, closing at $4.33, with an intraday high of $4.43 and a low of $4.28, and a 52-week range between $6.24 and $2.80 [8] - The company reported third-quarter fiscal 2026 revenue of $141.8 million and adjusted earnings of 5 cents per share, both exceeding expectations, although revenue slipped about 1% year-over-year [9] - BlackBerry raised its full-year fiscal 2026 revenue outlook to $531–$541 million and adjusted EPS guidance to 14–16 cents [9]