financetom
Market
financetom
/
Market
/
RH, Five Below, Sangamo, Bank Of America, Tesla: Why These 5 Stocks Are On Investors' Radars Amid Trump Tariff Meltdown (CORRECTED)
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
RH, Five Below, Sangamo, Bank Of America, Tesla: Why These 5 Stocks Are On Investors' Radars Amid Trump Tariff Meltdown (CORRECTED)
Apr 3, 2025 8:27 PM

Editor’s Note: The story has been updated to include the correct price action for Tesla stock.

The stock market experienced a significant downturn today, with the S&P 500 dropping nearly 5% to 5,396.52, marking its worst session since September 2022. The Nasdaq also faced a steep decline of nearly 6% as fears of retaliatory actions from U.S. trading partners spread across markets. The tech-heavy index ended the day at 16,550.61. The Dow Jones Industrial Average dropped almost 4% to 40,545.93.

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

RH

RH’s stock plummeted 40.09% to close at $149.39, hitting an intraday high of $166.09 and a low of $138.40. The stock’s 52-week high and low stand at $457.26 and $138.40, respectively. The shares gained 1.9% in after-hours trading. The sharp decline followed the company’s disappointing earnings report for the fourth quarter, which fell short of expectations, contributing to the pre-market losses. Revenue for the period came in at $812.41 million, which missed the consensus estimate of $829.56 million.

Five Below, Inc. ( FIVE )

Five Below ( FIVE ) saw its shares fall 27.81%, closing at $58.83. The stock reached an intraday high of $65.37 and a low of $56.90, with a 52-week range of $166.55 to $56.90. The retail sector, including Five Below ( FIVE ), was heavily impacted by President Donald Trump’s tariff plan, which sent shockwaves through the market, leading to a sell-off.

Sangamo Therapeutics, Inc. ( SGMO )

Sangamo Therapeutics’ stock declined 4.73% to $0.62, with an intraday high of $0.64 and a low of $0.58. The stock’s 52-week high and low are $3.18 and $0.30, respectively. Despite the day’s decline, the stock surged 47.7% to $0.92 in after-hours trading due to a new agreement with Eli Lilly, granting a worldwide exclusive license for its proprietary technology.

Bank of America Corp. ( BAC )

Bank of America’s shares dropped 11.06%, closing at $37.22. The stock’s intraday high was $38.84, with a low of $37.02, and a 52-week range of $48.08 to $34.15. The bank’s stock was hit hard by trade tensions and fears of an economic downturn, which threaten its key revenue drivers.

Tesla, Inc. ( TSLA )

Tesla’s stock fell 5.47% to $282.76, reaching an intraday high of $284.99 and a low of $251.27. The stock’s 52-week high and low are $488.54 and $138.80. Despite the overall market decline, Tesla’s shares fell after the company reported a weaker-than-expected performance for the first quarter, with a decline in vehicle production and deliveries.

Image via Shutterstock

Prepare for the day’s trading with top premarket movers and news by Benzinga.

Read Next: 

Anthony Scaramucci Hates It When Trump Pumps His Own Coin, But Loves The President’s Bitcoin Moves — This Complex Crypto Relationship Decoded

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-Futures slip at start of holiday-shortened week
US STOCKS-Futures slip at start of holiday-shortened week
Mar 25, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * United Airlines down after US FAA boosts oversight into carrier * Crypto stocks gain as bitcoin prices recover * Intel ( INTC ), AMD ease on report China bans use of their chips in govt computers * Futures...
US Equity Investors to Focus on Fed's Preferred Inflation Measure, Central Bank Speakers This Week to Validate 2024 Rate-Cut Forecast
US Equity Investors to Focus on Fed's Preferred Inflation Measure, Central Bank Speakers This Week to Validate 2024 Rate-Cut Forecast
Mar 25, 2024
07:01 AM EDT, 03/25/2024 (MT Newswires) -- US equity investors will watch out this week for any challenge from the Federal Reserve, or its preferred inflation measure due Friday, to the market's dovish interpretation of the central bank's latest rate-cut projections for this year. * The personal consumption expenditures index will be the focal point for investors as hotter-than-expected consumer...
McDonald's, Analog Devices And 2 Other Stocks Insiders Are Selling
McDonald's, Analog Devices And 2 Other Stocks Insiders Are Selling
Mar 25, 2024
The Nasdaq 100 closed higher by around 0.1% on Friday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment...
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday as Markets Take Breather After Last Week's Rally
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday as Markets Take Breather After Last Week's Rally
Mar 25, 2024
08:11 AM EDT, 03/25/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.3% and the actively traded Invesco QQQ Trust (QQQ) was 0.6% lower in Monday's premarket activity, as the market takes a breather after last week's rally. US stock futures were also lower, with S&P 500 Index futures down 0.3%, Dow...
Copyright 2023-2025 - www.financetom.com All Rights Reserved