Clover Health Becomes Top WallStreetBets Interest Again As Stock Surges; AMC, SoFi, GameStop Other Top Trends

Clover Health Becomes Top WallStreetBets Interest Again As Stock Surges; AMC, SoFi, GameStop Other Top Trends

Clover Health Investments Corp. (NASDAQ: CLOV) has joined AMC Entertainment Holdings Inc. (NYSE: AMC) and SoFi Technologies Inc. (NASDAQ: SOFI) amongst the stocks seeing the greatest interest on Reddits r/WallStreetBets online forum, while SPDR S&P 500 ETF Trust (NYSE: SPY) stayed the most-discussed stock on the online forum, since Wednesday night.
What Happened: Exchange-traded fund SPDR S& & 500 ETF is seeing the greatest interest on the forum with 698 discusses, followed by medical insurance coverage innovation company Clover Health with 576 mentions throughout the last 24 hours, data from Quiver Quantitative revealed.
Movie theatre chain AMC Entertainment and online individual financing company SoFi Technologies took the 4th and third areas with 320 and 279 discusses, respectively.The other stocks that are trending on the forum include video game merchant GameStop Corp. (NYSE: GME), graphics chipmaker Nvidia Corp. (NASDAQ: NVDA), steelmaker Cleveland-Cliffs Inc. (NYSE: CLF), biotechnology business Moderna Inc. (NASDAQ: MRNA), Canada-based cybersecurity company BlackBerry Ltd. (NYSE: BB) and tech giant Apple Inc. (NASDAQ: AAPL).
Why It Matters: Clover Health is again seeing high interest from retail investors as its shares surged on Wednesday. The company said it will report second-quarter financial outcomes on August 11, while a regulative filing late Tuesday revealed that its COO Jamie Reynoso got 220,820 shares as part of a limited stock systems (RSU) award.
SoFi Technologies shares rallied almost 10% on Wednesday amid increased retail interest, while institutions were likewise hammering call agreements.
Cleveland-Cliffs has emerged among the most-discussed stocks on the WSB online forum ahead of the release of its second-quarter financial outcomes before the marketplace opens on Thursday.
Price Action: SPDR S&P 500 ETF Trust shares closed 0.8% higher in Wednesdays routine trading session at $434.55 and even more rose almost 0.1% in the after-hours session to $434.94.
Clover Health shares closed practically 6.4% greater in the routine trading session at $8.88 and even more gained 5.5% in the after-hours session to $9.37.
AMC Entertainment shares closed nearly 5.4% lower in the regular trading session at $40.78 and even more decreased 0.6% in the after-hours session to $40.53.
This content was initially published here.


Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top