These are the 10 most talked about stocks on Reddit's WallStreetBets

Reddit Wall Street Bets Retail Trading GameStop
  • Reddit's WallStreetBets forum entered the mainstream during the January GameStop craze. 
  • Driving stocks like GameStop to AMC Entertainment, retail investors congregating on the subreddit are a force in the stock market.
  • These are the 10 most popular stocks WallStreetBets is talking about right now.

Following which stocks Reddit's WallStreetBets crowd is talking about this year has paid off, as several have gone through epic rallies and seen heightened volatility. 

From GameStop in January to AMC Entertainment in June, the more than 11 million-member forum has driven the conversation in so-called meme stocks that have exploded higher amid overwhelming demand from retail investors. The surge in stocks with shaky fundamentals has led to several hedge fund blowups that were caught on the opposite side of the trade betting against the company in question.

GameStop's short-squeeze, in-part led by the WallStreetBets crowd, led to a more than 50% drawdown in multibillion-dollar hedge fund Melvin Capital. Meanwhile, the sharp rally in struggling movie theater chain AMC Entertainment caused billions of dollars in losses for short-sellers in May and June.

As traders look to replicate the success of WallStreetBets stocks, one data aggregator is compiling the most mentioned stocks on Reddit's forum. 

These are the top 10 stocks Reddit's WallStreetBets forum is focused on right now, according to data compiled by SwaggyStocks. The list is based on mentions over the past 24 hours and financial data is sourced from Koyfin

10. SoFi 

Ticker: SOFI
WallStreetBet Mentions Over Past 24 Hours: 145
Market Capitalization: $18.5 billion
One-Week Performance: -1.7%

SoFi Stadium
SoFi Stadium during the NFL game between the Arizona Cardinals and the Los Angeles Rams on January 03, 2021, at SoFi Stadium in Inglewood, CA.

9. Disney

Ticker: DIS
WallStreetBet Mentions Over Past 24 Hours: 161
Market Capitalization: $287.9 billion 
One-Week Performance: -9.0%

A person at Disney California Adventure park holds up a cup of the Dole whip dessert.
Monica Link, of Sacramento, takes a photo with a Dole Whip at the Adorable Snowman Frosted Treats on Pixar Pier during the debut of Disney California Adventure's "A Touch of Disney" food event at Disney California Adventure Park Thursday, March 18, 2021.

8. Tilray

Ticker: TLRY
WallStreetBet Mentions Over Past 24 Hours: 162
Market Capitalization: $6.0 billion 
One-Week Performance: 0.4%

marijuana, california
Marijuana plants for sale at the ShowGrow dispensary, a medical marijuana provider in downtown Los Angeles.

7. Marathon Digital

Ticker: MARA
WallStreetBet Mentions Over Past 24 Hours: 191
Market Capitalization: $5.7 billion
One-Week Performance: -30.5% 

Ether

6. Riot Blockchain

Ticker: RIOT
WallStreetBet Mentions Over Past 24 Hours: 201
Market Capitalization: $4.0 billion
One-Week Performance: -9.1% 

Bitcoin and Ethereum
Bitcoin and Ethereum

5. Clover Health

Ticker: CLOV
WallStreetBet Mentions Over Past 24 Hours: 225
Market Capitalization: $3.2 billion
One-Week Performance: -9.1%

2016 05 04T000000Z_967239957_D1AETCDLYFAA_RTRMADP_3_FUNDS SOHN.JPG
Chamath Palihapitiya, Founder and CEO of Social Capital LP, speaks at the Sohn Investment Conference in New York on May 4, 2016.

4. Lucid

Ticker: LCID
WallStreetBet Mentions Over Past 24 Hours: 299
Market Capitalization: $72.6 billion
One-Week Performance: 7.0% 

Lucid Air

3. Nvidia

Ticker: NVDA
WallStreetBet Mentions Over Past 24 Hours: 299
Market Capitalization: $749.4 billion
One-Week Performance: -2.4% 

A sign is posted in front of the Nvidia headquarters on May 10, 2018 in Santa Clara, California.
Nvidia headquarters in Santa Clara, California

2. Rivian

Ticker: RIVN
WallStreetBet Mentions Over Past 24 Hours: 388
Market Capitalization: $129.7 billion
One-Week Performance: 49%

The Rivian R1T.
The 2022 Rivian R1T.

1. Tesla

Ticker: TSLA
WallStreetBet Mentions Over Past 24 Hours: 1,170
Market Capitalization: $1.02 trillion
One-Week Performance: 2.6% 

Tesla SuperCharger
Read the original article on Business Insider


Contributer : Business Insider https://ift.tt/3DhUdNL
These are the 10 most talked about stocks on Reddit's WallStreetBets These are the 10 most talked about stocks on Reddit's WallStreetBets Reviewed by mimisabreena on Wednesday, November 17, 2021 Rating: 5

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