January 13, 5:00 am
Reddit chatter is more than just online noise and memes; it's discussions can also drive market movements. In this article, we list Reddit's most popular stocks, and provide insights that could influence your investment decisions.
At the top this week, the platform itself, Reddit, saw a minimal decrement in mentions but maintained a bullish outlook, despite its share value receding by 7%. Close behind, NVIDIA experienced a surge in interest, climbing by 49%, though its price dipped by 9%. GameStop's mentions slightly dropped, yet the bullish sentiment persists as its price reduced by a modest 2%.
Other stocks like Tesla and AMD also suffered declines in both mentions and value. Meanwhile, in the tech sphere, Google and Meta enjoyed bullish conversations, with Meta seeing a substantial climb in mentions (thanks to Zuckerberg's podcast with Joe Rogan), although both faced minor price decreases. Intel's neutral sentiment matches its 4% price fall. Contrarily, Carvana's slight uptick in mentions with a neutral tone (with some expressing skepticism about its financials and market position) is paired with a 2% stock value increase. Lastly, Robinhood witnessed a significant drop in mentions and a corresponding 6% slide in share price.
All in all, it was a rough week for a lot of stocks with the blowout jobs report that tanked a lot of stocks and that send yields spiking. This was also discussed widely in investing subreddits.
Understanding where the buzz is and understanding the sentiment can position investors ahead of trends and potential shifts. As ever, due diligence is key, and Reddit provides one piece of the vast investment puzzle.
Company | Mentions | Sentiment | Price | AI Score | |
---|---|---|---|---|---|
16,359 1.1% |
$167.08 6.9% |
58 |
|||
NVIDIANVDA |
5,084 48.7% |
$135.91 9% |
71 |
||
GameStopGME |
4,793 5.4% |
$32.31 1.6% |
52 |
||
TeslaTSLA |
2,968 40.1% |
$394.74 4% |
53 |
||
AMDAMD |
2,333 72.3% |
$116.04 10.4% |
60 |
||
1,887 24.2% |
$192.04 2.5% |
61 |
|||
MetaMETA |
1,567 72.2% |
$615.86 2.3% |
54 |
||
IntelINTC |
1,227 37.6% |
$19.15 3.6% |
36 |
||
CarvanaCVNA |
1,131 12.1% |
$193.06 2.2% |
46 |
||
RobinhoodHOOD |
1,089 46.6% |
$40.08 6.2% |
72 |
For more information and to stay updated the most mentioned stocks on Reddit in realtime, visit Top Reddit Stocks in the past 24 hours.
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