---
title: "AST SpaceMobile, PayPal Holdings, Apple, Micron Technology and SanDisk: Why These 5 Stocks Are on Investors' Radars Today"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292841275.md"
description: "Major U.S. indices rose on Wednesday. AST SpaceMobile fell after announcing a $1 billion convertible notes offering. PayPal surged 17% following reports of a $53 billion acquisition bid from Stripe and Advent International. Apple climbed 4% after receiving Chinese regulatory approval for its AI service. Micron and SanDisk dropped as investors took profits despite positive analyst outlooks."
datetime: "2026-07-16T01:44:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292841275.md)
  - [en](https://longbridge.com/en/news/292841275.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292841275.md)
generator: "portal-rs"
---

# AST SpaceMobile, PayPal Holdings, Apple, Micron Technology and SanDisk: Why These 5 Stocks Are on Investors' Radars Today

Major U.S. indices closed higher on Wednesday, with the **Dow Jones Industrial Average** rising 0.29% to 52,658.64, the **S&P 500** advancing 0.38% to 7,572.40, and the **Nasdaq** gaining 0.62% to finish at 26,269.22.

These are the top stocks that gained the attention of retail traders and investors through the day:

## **AST SpaceMobile Inc.** (NASDAQ:ASTS)

AST SpaceMobile’s stock fell by 3.65%, closing at $66.31. During the day, it reached a high of $70.38 and a low of $64.59, with a 52-week range between $133.86 and $36.08. In the after-hours session, the stock fell 12.49% to $58.03.

The decline followed the company’s announcement of a $1 billion convertible senior notes offering, intended to fund growth and secure additional launch capacity for its space-based cellular broadband network.   

**Read Also:Will Lucid File for Bankruptcy in 2026? Crypto Prediction Market Raises the Odds Despite EV Maker's Denial**

## **PayPal Holdings Inc.** (NASDAQ:PYPL)

PayPal surged 17.20%, closing at $55.52, with an intraday high of $55.88 and a low of $53.44. Its 52-week range spans from $79.50 to $38.46. 

The jump was driven by reports of a $60.50 per share acquisition offer from **Stripe** and **Advent International**, valuing PayPal at approximately $53 billion. This bid represents a 28% premium over the previous day’s closing price. 

## **Apple Inc.** (NASDAQ:AAPL)

Apple’s stock climbed 4.01% to close at $327.50, reaching a new 52-week high of $328.73, with a low of $317.32. The stock’s previous 52-week range was between $328.73 and $201.50. 

The rise came as Apple received regulatory approval from China’s cyberspace regulator for its on-device generative AI service, Apple Intelligence. The service will be powered by models from **Alibaba** and **Baidu**. 

## **Micron Technology Inc.** (NASDAQ:MU)

Micron Technology’s shares dropped 8.02%, ending the day at $904.28. The stock fluctuated between a high of $978.40 and a low of $873.63, with a 52-week range of $1255 to $103.38. 

The decline occurred as investors took profits following a strong rally in semiconductor stocks, despite a generally positive market environment.

## **SanDisk Corp.** (NASDAQ:SNDK)

SanDisk experienced an 8.12% drop, closing at $1,615. The stock’s intraday high was $1,729.50, with a low of $1,478.50, and its 52-week range extended from $2,354.39 to $40.10. The stock fell 2.48% to $1,575 in the after-hours session.

Sandisk shares fell as investors took profits after a strong multi-month rally, despite analysts remaining overwhelmingly bullish. Bank of America, Evercore ISI, Citigroup and Bernstein all reiterated positive ratings or raised price targets, citing tight NAND supply, resilient pricing and sustained AI-driven demand supporting the company’s long-term outlook.

**Benzinga Edge Stock Rankings** indicate SanDisk stock has a Momentum score in the 99th percentile and a Value score in the 5th percentile.

**Read Also:Paramount's $110 Billion Warner Bros. Deal Faces Major Blow As 12 States Sue — Mamdani Says He's 'Proud,' Warren Declares 'This Fight Isn't Over'**

***Disclaimer*:** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.*

*Photo Courtesy: Iftekhar Emon on Shutterstock.com*

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**