The following three stocks are on the radar of retail investors and day traders heading into the new trading week.
Virgin Galactic Holdings Inc SPCE: The Sir Richard Branson-founded company is a space tourism play.
On Sunday night, Virgin Galactic was the most mentioned name on r/WallStreetbets or WSB, a Reddit investor forum known for short squeezes. The company also trended on Stocktwits.
See Also: How To Buy Virgin Galactic (SPCE) Shares
On Sunday, Branson flew to the edge of space onboard the company’s Unity 22 vehicle. The flight was watched by over 6 million people on Alphabet Inc’s GOOGL GOOG YouTube platform.
Branson announced a partnership with Omaze on Sunday, which will raise money for charity and allow some donors to enter sweepstakes to fly to space with Virgin for as low as $5.
On Friday, Virgin Galactic shares closed 6.62% lower at $49.20 in the regular session and gained 0.18% in the after-hours trading. Since the year began, the company’s shares have risen 107.3%.
Meta Materials Inc MMAT: The smart materials and photonics company was the fourth most-discussed stock on Stocktwits over 24 hours leading to press time.
Late last month, Torchlight Energy Resources Inc merged with Meta Materials Inc after performing a reverse split. The combined entity’s shares now trade under the MMAT ticker.
See Also: This Clean Energy Company Has A Better 5-Year Return Than Exxon Mobil, Royal Dutch Shell And Meta Materials
This month the company announced the conclusion of its 27-month long non-invasive glucose sensing prototype based on radio wave and optical sensor technologies. This led to the company’s stock plummeting.
On Friday, Meta Materials shares closed 17.39% in the regular session to $4.75. Since 2021 began, the company’s shares have risen 301.2%.
Krispy Kreme DNUT: The North Carolina-headquartered doughnut company was on the radar of investors on WSB on Sunday.
The eighty-year-old doughnut company reemerged as a public company this month after an IPO which saw its shares open for trade at $17.
Over the weekend, the company’s board Chair Olivier Goudet purchased more than 294,100 shares, and a 10% owner affiliated with Krispy Kreme parent JAB Holding purchased over 5.88 million shares.
On Friday, Krispy Kreme shares closed nearly 6% higher at $19.29 in the regular session.
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