Social Buzz: Wallstreetbets Stocks Mostly Advancing Premarket Friday; Reddit, Apple to Open Higher

MT Newswires Live05-01 18:36

The most talked-about stocks in the Reddit subforum Wallstreetbets were broadly higher in the hours leading up to Friday's opening bell.

Reddit (RDDT) rose by 15.8% in pre-bell activity, reversing a 0.4% decline from Thursday's session. The company reported higher Q1 earnings and revenue, and issued a Q2 revenue outlook above market expectations.

Apple (AAPL) advanced by 3.1% premarket, following a 0.4% increase from the previous session. Apple posted a fiscal Q2 beat on earnings and sales.

Nvidia (NVDA) was 0.5% higher premarket, after closing Thursday with a 4.6% fall.

Microsoft (MSFT) was up 0.4% hours before market open, swinging from a 3.9% decline at Thursday's close.

Meta Platforms (META) was up 0.4% pre-bell, following an 8.6% fall from the previous session.

JPMorgan Chase (JPM) advanced by 0.4% in pre-bell activity after closing Thursday with a 1.3% increase.

Alphabet (GOOG, GOOGL) rose by 0.3% premarket, after a nearly 10% increase at Thursday's close.

Bucking the trend, Sandisk (SNDK) was down 4.6% in premarket hours, reversing a 3% increase from the previous session.

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