Uncovering Stock Market Opportunities Through Instagram Follower Trends

June 2, 8:00 am

As financial enthusiasts dive into the world of alternative data, Instagram's influence on company stock prices is a trend that can’t be ignored. Through a meticulous analysis of follower counts on Instagram, investors are identifying potential buys and sells in the stock market, as these trends can offer a sneak peek into a company's burgeoning popularity or fading appeal.

Top Performers on Instagram

Companies with burgeoning Instagram followings have been able to leverage this platform to vastly increase their visibility, which can translate into heightened customer interest and potentially, increased revenue. Monitoring these companies can offer investors guidance on where the growth opportunities may lie.

Companies Facing Decline

On the opposite end, those with declining follower counts on Instagram may signal a loss of customer engagement. Such insights can be crucial as they may point towards a downturn in business performance and can be vital information for investors considering selling opportunities.

Here's a summary of the companies worth watching, based on their Instagram following changes:

Top Growing Public companies on Instagram

Company Instagram Followers Price AI Score
Fortinet
Fortinet
FTNT
22,980
13827.3%
$59.37
8.9%
49
ServiceNow
ServiceNow
NOW
36,220
18.3%
$656.93
5.6%
73
Allegiant
Allegiant
ALGT
106,251
15.8%
$53.20
1.2%
61
MoneyLion
MoneyLion
ML
104,954
14.7%
$98.50
42.8%
66
iQIYI
iQIYI
IQ
356,293
9.9%
$4.63
9%
64

Bottom Growing Public companies on Instagram

Company Instagram Followers Price AI Score
Green Dot
Green Dot
GDOT
147,939
1.2%
$9.91
6.3%
18
LiveOne
LiveOne
LVO
96,473
0.7%
$1.65
13.6%
20
Motorsport Games
Motorsport Games
MSGM
13,934
0.7%
$2.40
4.3%
24
ATAI Life Sciences
ATAI Life Sciences
ATAI
153,531
0.6%
$1.57
26.3%
55
Buzzfeed
Buzzfeed
BZFD
5,845,366
0.5%
$2.79
76.6%
19

The toplists are ordered by change in percentage of Instagram followers over the last 30 days. Only companies with more than 10,000 followers are included.
This article was written by an experimental AI tool. Consider checking important information.

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