Benzinga's Daily Brief On Trending Tickers For March 15, 2022: VIX Short-Term Futures, GameStop, Alibaba And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web by using 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: To beat market expectations on March 17 earnings, GameStop will need to report EPS above 84 cents. This target is more than 37% lower than what the company reported for the same quarter last year.

Barclays iPath Series B S&P 500 VIX Short-Term Futures VXX: Barclays has halted new share creations of the iPath Pure Beta Crude Oil ETN OIL and the iPath Series B S&P 500 VIX Short-Term Futures ETN Monday morning, becoming the latest exchange-traded products to close its doors to new cash in recent weeks.

Alibaba Group Holding Ltd BABA Shares of Alibaba extended losses for a third straight day in Hong Kong on Tuesday, hurt by fears of global repercussions if China was seen as supporting Russia over its invasion of Ukraine.

AMC Entertainment AMC CEO Adam Aron announced a 22% stake in Hycroft Mining Holding Corp HYMC which holds the 71,000 acre Hycroft Mine in northern Nevada. In addition, AMC will receive an additional 23.4 million warrants in Hycroft at $1.07 per share.

Tesla Inc TSLA raised prices on all its vehicles after CEO Elon Musk said costs were increasing at the companies he runs. According to Tesla’s website, the cheapest Model 3 in the U.S. is now $46,990.

ARK Innovation ETF ARKK: According to Bloomberg data, the Ark Innovation Fund has notched four straight weeks of inflows totaling $850 million, despite the fund being down more than 35% year-to-date.

Nio Inc NIO: Shares of several Chinese stocks including Nio are trading lower in Tuesday’s premarket session amid a COVID-19 outbreak in the country which has caused some business operations to cease.

Apple Inc. AAPL: Kevin O'Leary, known as "Mr. Wonderful," said Apple is “starting to look interesting.” Apple’s stock Monday lost close to 3% to settle at $150.62.