Moderna Joins AMC, Nvidia, GameStop Among Top WallStreetBets Interests

Benzinga2021-07-21

Moderna, Inc.. has joined . AMC Entertainment Holdings Inc and  Nvidia Corp. as the stocks seeing high interest on Reddit’s r/WallStreetBets forum, even as SPDR S&P 500 ETF Trust SPY 1.43%remained the most-discussed stock on the forum, as of Tuesday night.

What Happened: Exchange-traded fund SPDR S& 500 ETF is seeing the highest interest on the forum with 805 mentions, followed by movie theatre chain AMC Entertainment with 331 mentions during the last 24 hours, data from Quiver Quantitative showed.

Graphics chipmaker Nvidia and biotechnology company Moderna took the third and fourth spots, having attracted 249 and 236 mentions respectively.

The other stocks that are trending on the forum include video game retailerGameStop Corp.GME 11.06%, Canada-based cybersecurity companyBlackBerry Ltd.BB 7.49%, medical insurance technology companyClover Health Investments Corp.CLOV 0.6%, electric vehicle makerTesla Inc.TSLA 2.21%, tech giantApple Inc.AAPL 2.6%and streaming giantNetflix Inc.NFLX 0.23%.

Why It Matters: Nvidia is seeing increased interest from retail investors after the company’s sharesbegan tradingon a four-for-one split-adjusted basis from Tuesday.

Moderna’s shares, which are set to join the S&P 500 Index ahead of the market open on Wednesday, declined on Tuesday after four straight days of gains. The companysaidthat the Japanese government has agreed to purchase an additional 50 million doses of its COVID-19 vaccine.

Netflix reported a19% year-over-year increasein second-quarter revenue and also finished the quarter with over 209 million paid subscribers, ahead of its internal estimates.

Price Action: SPDR S&P 500 ETF Trust shares 1.4% higher in Tuesday’s regular trading session at $431.06 and further rose 0.2% in the after-hours session to $432.00.

AMC Entertainment shares closed 24.4% higher in the regular trading session at $43.09 and further rose almost 0.8% in the after-hours session to $43.43.

Nvidia shares closed almost 0.9% lower in the regular trading session at $186.12, but rose almost 0.3% in the after-hours session to $186.60.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Alykrunch
    2021-07-22
    Alykrunch
    Interesting hahaha
  • nnuear
    2021-07-21
    nnuear
    Ttm
  • GodSpeed
    2021-07-21
    GodSpeed
    Comment
  • LuckyRice88
    2021-07-21
    LuckyRice88
    moderna also wallstreetbets?
  • Skai
    2021-07-21
    Skai
    Please focus on the two main stocks - $AMC Entertainment(AMC)$ and $GameStop(GME)$ that have very high short interest. Retail investors are holding 80% of AMC stock and this will make the HFs bleed when they start covering the shorts, which will trigger the short squeeze. Don't get distracted by the media because they will just keep adding different stocks to the "memme stock" or "wallstreetbet" list. 
  • Vickytham
    2021-07-21
    Vickytham
    Like and comment pls 
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