The S&P 500 has closed higher for six straight sessions and was on pace Tuesday to close higher for the seventh-straight day. The Nasdaq Composite, meanwhile, was headed for its eighth higher close in a row. These stocks have been the most popular with investors during the rally that has the S&P 500 poised for its longest winning streak this year.
Tesla had a cumulative volume of 739 million shares as the stock gained 11% during that time frame. The recent gains followed disappointing third-quarter financial results from the electric-vehicle maker that hit the stock heavily. The rally has been helped by commentary from investor Ron Baron on Nov. 1, who implied in an interview with MarketWatch that Tesla eventually could garner a $4 trillion valuation.
AMD reported third-quarter financial results on Oct. 31, that beat Wall Street estimates but issued disappointing revenue guidance. The stock still gained on Nov. 1, and shares of the chip maker have risen 16% from Oct. 30 to Nov. 6. The stock had a cumulative volume of 448.2 million shares in that time frame.
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