SPDR S&P 500 ETF Trust (NYSE: SPY) and Virgin Galactic Holdings Inc. (NYSE: SPCE) are seeing the highest interest on Reddits r/WallStreetBets online forum, while AMC Entertainment Holdings Inc. (NYSE: AMC), Newegg Commerce Inc. (NASDAQ: NEGG) and Clover Health Investments Corp. (NASDAQ: CLOV) also continued to attract attention.
What Happened: Exchange-traded fund SPDR S&P 500 ETF Trust became the most-discussed stock on the forum with 903 mentions, followed by area tourist business Virgin Galactic with 679 discusses during the last 24 hours at press time, data from Quiver Quantitative showed.
Movie theatre chain AMC Entertainment took the 3rd area with 449 discusses, while online customer electronic devices merchant Newegg Commerce– the most discussed stock a day earlier– drew in 317 points out.
Apart from medical insurance coverage innovation business Clover Health, the other stocks that are trending on the forum include videogame merchant GameStop Corp. (NYSE: GME), Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA), software business Palantir Technologies Inc. (NYSE: PLTR), e-commerce business ContextLogic Inc. (NASDAQ: WISH) and tech giant Apple Inc. (NASDAQ: AAPL).
Why It Matters: Shares of SPDR S&P Trust decreased on Thursday after the S&P 500 Index and other significant U.S. stocks indexes fell amid stress over the worldwide economic healing.
Shares of Virgin Galactic surged on Thursday as its founder Sir Richard Branson is set to board the VSS Unity space plane on July 11 for the businesss next spaceflight test.
Alibaba is seeing increased interest from retail investors regardless of its stock trending lower in current days amidst regulatory issues in China.
Rate Action: SPDR S&P 500 ETF Trust shares closed 0.8% lower in Thursdays routine trading session at $430.92 and further declined practically 0.2% to $430.28.
Virgin Galactic shares closed 17.3% higher in the routine trading session at $52.69 and even more increased 2.2% in the after-hours session to $53.85.
AMC Entertainment shares nearly 6.4% greater in the regular trading session at $47.94 and even more rose 2.4% in the after-hours session to $49.09.
Image by Jeff Foust on Wikimedia
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