February 19, 7:00 am
As a financial journalist with an unwavering belief in the power of alternative data, I bring weekly insights into the stocks causing a stir on Reddit. This forum has become a barometer for market sentiment, impacting stock prices with its communal hype. This past week underscored that very phenomenon.
Leading the pack, NVIDIA grasped the spotlight despite a mention dip, hinting at firm confidence among Reddit's ranks. Super Micro Computer and Robinhood trailblazed with a surge in mentions and bullish sentiment, carving paths of positivity in the market. Although GameStop and ARM Holdings saw reduced chatter, enthusiasm remains robust for GameStop while caution accompanies ARM Holdings with bearish undertones.
While sentiment and stock mention volume on Reddit may not always correlate directly with price action, as seen in Tesla's bearish sentiments amidst increasing stock value, the influence is undeniable. Moreover, companies like Coinbase have rocketed on the sentiment wave with significant gains. It's imperative to recognize how the voices of individual investors on platforms like Reddit can lead to broader market movements and garner attention for stocks across the board.
Company | Mentions | Sentiment | Price | AI Score | |
---|---|---|---|---|---|
NVIDIANVDA |
7,956 34.4% |
$726.13 0.5% |
54 |
||
Super Micro ComputerSMCI |
4,164 203.7% |
$803.32 3.9% |
57 |
||
GameStopGME |
2,491 36.8% |
$14.12 4.1% |
28 |
||
TeslaTSLA |
2,042 25.4% |
$199.95 6.3% |
49 |
||
ARM HoldingsARM |
1,445 14% |
$128.34 13.8% |
44 |
||
1,394 21.9% |
$140.52 4.8% |
65 |
|||
RobinhoodHOOD |
1,338 41% |
$14.00 16.6% |
60 |
||
AppleAAPL |
1,165 27.9% |
$182.31 2.6% |
58 |
||
CoinbaseCOIN |
871 37.4% |
$180.31 22.4% |
49 |
||
AmazonAMZN |
826 24.3% |
$169.51 1.6% |
55 |
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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