GameStop Top-Discussed Stock On WallStreetBets Heading Into New Week; Tesla, Disney And These Are Other Top Trends

GameStop Corp. GME has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Monday, while Walt Disney Company DIS, Moderna Inc. MRNA, Tesla Inc. TSLA and Nvidia Corp. NVDA are also seeing high interest.

What Happened: Exchange-traded fund SPDR S&P 500 ETF Trust SPY is seeing the highest interest on the forum with 297 mentions as at press time, followed by videogame retailer GameStop with 38 mentions, data from Quiver Quantitative showed.

Entertainment and media conglomerate Walt Disney, biotechnology company Moderna and electric vehicle maker Tesla have all attracted 31 mentions each.

Apart from graphics chipmaker Nvidia, the other stocks trending on the forum include exchange-traded fund Invesco QQQ Trust QQQ, data analytics company Palantir Technologies Inc. PLTR, tech giant Apple Inc. AAPL and video conferencing platform Zoom Video Communications Inc. ZM.

See Also: Why This Expert Thinks Apple Car Will See A 'Launch Schedule' Different From iPad, Apple Watch

Why It Matters: GameStop is seeing high interest on the forum ahead of the launch of its Cyber Monday sales that features huge savings on games, gaming keyboards and headsets.

Moderna has emerged among the most-discussed stocks on the forum after it was reported that the company said it can launch a new vaccine for the highly-mutated Omicron coronavirus strain by early 2022.

Tesla will likely commence production operations at Giga Berlin in December after a protracted delay, it was reported by Bloomberg, citing German magazine Automobilwoche.

Apple’s much-awaited computerized glasses that will likely use a version of the company’s own M1 processors will be launched at the end of 2022, it was reported, citing analyst Ming-Chi Kuo.

Read Next: Disney's 'Encanto' Elbows Aside 'Ghostbusters: Afterlife' At US Holiday-Weekend Box Office

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!