Tilray Becomes Top WallStreetBets Interest As It Posts Surprise Profit; AMD, Facebook, Apple Other Top Trends - Apple (AAPL), Advanced Micro Devices (AMD) | Benzinga

Tilray Becomes Top WallStreetBets Interest As It Posts Surprise Profit; AMD, Facebook, Apple Other Top Trends – Apple (AAPL), Advanced Micro Devices (AMD) | Benzinga

Tilray Inc. (NASDAQ: TLRY) has joined Advanced Micro Devices Inc. (NASDAQ: AMD), Facebook Inc. (NASDAQ: FB) and Apple Inc. (NASDAQ: AAPL) as the stocks seeing the highest interest on Reddits r/WallStreetBets online forum as of Wednesday night.
What Happened: Exchange-traded fund SPDR S&P 500 ETF Trust (NYSE: SPY) continues to be the most-discussed stock on the online forum with 762 points out, while Canadian marijuana manufacturer Tilray rose to the 2nd area as it attracted 574 mentions throughout the last 24 hours, data from Quiver Quantitative revealed.
Chipmaker Advanced Micro Devices and social networks giant Facebook are in the third and fourth positions, having actually drawn in 466 and 212 points out on the online forum, respectively.
In addition to Apple, the other stocks that are trending on the online forum consist of Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA), Canada-based cybersecurity business BlackBerry Limited (NYSE: BB), video game merchant GameStop Corp. (NYSE: GME), medical insurance coverage innovation business Clover Health Investments Corp. (NASDAQ: CLOV) and movie theatre chain AMC Entertainment Holdings Ltd. (NYSE: AMC).
Why It Matters: Tilray drew in the attention of retail financiers after it reported a surprise earnings for the fourth quarter, its very first incomes outcomes following its merger with Aphria in May.
Facebook reported second-quarter incomes outcomes that beat experts expectations, however alerted that its third- and fourth-quarter profits growth rates might decelerate “considerably.”.
BlackBerry is seeing restored interest from retail investors as its stock rose on Wednesday. The company stated Monday it has actually introduced Jarvis 2.0, a SaaS version of its original flagship software application composition analysis tool to resolve the increasing global complexity and growing cybersecurity hazards.
GameStop, currently a constituent of the S&P SmallCap600 index, is joining the S&P MidCap 400 Index next week.
Rate Action: SPDR S&P 500 ETF Trust shares closed less than 0.1% lower in Wednesdays routine trading session at $438.83 however edged up less than 0.1% in the after-hours session to $438.93.
Tilray shares closed practically 25.8% greater in the regular trading session at $16.01 and even more increased 2.4% in the after-hours session to $16.40.
Advanced Micro Devices shares closed nearly 7.6% greater in the routine trading session at $97.93, but decreased practically 0.6% in the after-hours session to $97.38.
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