Benzinga's Daily Brief On Trending Tickers For March 30, 2022: Robinhood, Chewy, Tilray And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

GameStop Corp GME Shares were down 2.72% during Wednesday’s premarket session due to profit taking from the recent meme stock run. Over 8 million shares were traded within the first two hours of the opening bell Tuesday, triggering a volatility halt.

Tilray Inc TLRY The company announced it will release its third-quarter earnings report before the opening bell on April 6, 2022. The stock is up 37.52% over the last five trading days due to the House of Representatives voting to legalize marijuana at the federal level.

AMC Entertainment Holdings Inc AMC is up 57.02% over the last five trading sessions due to CEO Adam Aron disclosing he is interested in making more transformational deals to deliver maximum value to shareholders.

Tesla Inc TSLA shares are up 12.2% over the last five trading sessions. A SEC filing revealed the company is interested in enabling another stock split so it can pay dividends to its shareholders.

Advanced Micro Devices AMD The company announced last week the expanded support of the AMD Instinct ecosystem from partners including ASUS, Dell Technologies and others.

Robinhood Markets Inc HOOD The stock rose 18.02% Tuesday on news of the company extending trading hours to 8 p.m. EDT in a step toward 24/7 trading.

Apple Inc AAPL The company’s stock has risen each day for the last 10 consecutive sessions, marking a milestone unseen since 2010.

Chewy Inc CHWY Shares are trading 14.88% lower during Wednesday’s premarket session due to weak financial results. Chewy reported that its fourth-quarter revenue increased 17% year-over-year to $2.39 billion, which came in below the $2.42-billion estimate. The company reported a quarterly net loss of $63.6 million.

Bed Bath & Beyond Inc. BBBY announced that it will release its fourth-quarter earnings report before the opening bell on April 13.