Reddit's Top Stocks of March
April 2, 7:01 am
The power of social media has become increasingly apparent in the world of finance, with Reddit in particular being a significant platform for discussion and analysis of stocks. Positive discussions can lead to a surge in buying pressure, driving up stock prices. Moreover, the spotlight on Reddit can bring newfound attention to lesser-known companies, leading to increased investor interest and research. Therefore, tracking stock mentions on Reddit can be crucial in understanding market trends and predicting potential stock price movements.
So, which stocks were the most discussed on Reddit in March? Here's the rundown.
| Company | Mentions | Change % (mentions) | Change % (price) | |
|---|---|---|---|---|
 |
GameStop GME |
41,840 | 71% | 20% |
 |
Tesla TSLA |
11,322 | -38% | -3% |
 |
NVIDIA NVDA |
10,652 | 42% | 20% |
 |
Google GOOGL |
4,964 | -52% | 13% |
 |
Apple AAPL |
3,550 | -29% | 12% |
 |
JP Morgan Chase & Co. JPM |
3,511 | 927% | -10% |
 |
Amazon AMZN |
3,352 | -35% | 10% |
 |
Meta META |
2,952 | -46% | 21% |
 |
Robinhood HOOD |
2,503 | -4% | -5% |
 |
Microsoft MSFT |
2,309 | -31% | 16% |
In comparison to February, the stock market experienced a bit of a bump in January and the average price of the top mentioned companies on Reddit increased slightly more than all other companies we track. This is a minor but intriguing signal, and we believe that monitoring the most frequently mentioned stocks on Reddit can be a valuable asset in navigating the stock market.
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