Biggest stock movers Monday: Crypto stocks and TSLA
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Contributor since / Followers
Contributor since / Followers
4 days ago
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Stock futures edged higher in Monday’s premarket session following a busy earnings week and Donald Trump’s election victory last week.
Here are some of Monday’s biggest stock movers:
Biggest stock gainers
- Tesla (TSLA) shares surged by as much as 5%, poised to extend their gains for a fifth straight session. This rally has driven the electric vehicle maker’s market capitalization back above the $1 trillion mark as of Friday. Traders are increasingly betting that Donald Trump’s election could serve as a positive catalyst for Elon Musk’s company, fueling the stock’s continued upward momentum.
- Cryptocurrency-exposed stocks gained ground on Monday as Bitcoin (BTC-USD) surged past $81,000 for the first time, driven by President-elect Donald Trump’s favorable stance on digital assets. Riot Platforms (RIOT), MARA Holdings (MARA), Bit Digital, MicroStrategy (MSTR), Coinbase (COIN), CleanSpark (CLSK), Hive Blockchain (HIVE), Bit Digital (BTBT), and Bitfarms (BITF) were among the top performers, with gains exceeding 10%.