Virgin Galactic Remains Top WallStreetBets Interest Despite Crash; Clover Health, Tesla, AMC Other Top Trends - S&P Dep Receipts (SPY) | Benzinga

Virgin Galactic Remains Top WallStreetBets Interest Despite Crash; Clover Health, Tesla, AMC Other Top Trends – S&P Dep Receipts (SPY) | Benzinga

Virgin Galactic Holdings Inc. (NYSE: SPCE) continues to see the greatest interest on Reddits r/WallStreetBets forum, regardless of the stock falling on Monday, followed by SPDR S&P 500 ETF Trust (NYSE: SPY) and Clover Health Investments Corp. (NASDAQ: CLOV).
What Happened: Virgin Galactic stayed the most-discussed stock on the online forum with 1,042 discusses, while exchange-traded fund SPDR S&P 500 ETF Trust received 842 points out during the last 24 hours at press time, information from Quiver Quantitative revealed. Clover Health was a distant third with 502 discusses.
The other stocks that are seeing interest on the online forum consist of electrical vehicle maker Tesla Inc. (NASDAQ: TSLA), motion picture theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC), videogame seller GameStop Corp. (NYSE: GME), e-commerce company ContextLogic Inc. (NASDAQ: WISH), online individual finance company SoFi Technologies Inc. (NASDAQ: SOFI) and home entertainment conglomerate Walt Disney Company (NYSE: DIS).
In addition to these stocks, financiers are looking ahead to the release of the Consumer Price Index (CPI) information for June from the Bureau of Labor Statistics on Tuesday.
Why It Matters: Virgin Galactic is seeing high interest from retail financiers after the businesss creator Sir Richard Branson effectively flew in area as a guest on the businesss Unity 22 spacecraft on Sunday. The businesss shares fell in Mondays session after it filed for a $500 million rack offering of typical stock.
ContextLogic stated it has actually appointed Farhang Kassaei, former Senior Director at Google, to the recently produced position of Chief Technology Officer.
Shares of Walt Disney increased on Monday after it was reported that the business generated $60 million during the weekend when it debuted Marvels “Black Widow” on its streaming service Disney+ and in theatres.
Rate Action: Virgin Galactic shares closed 17.3% lower in Mondays regular trading session at $40.69, however rose more than 1% in the after-hours session to $41.11.
SPDR S&P 500 ETF Trust shares closed nearly 0.4% greater in the routine trading session at $437.08 and more edged up less than 0.1% in the after-hours session to $437.18.
Clover Health shares 4.4% higher in the routine trading session at $9.68 and further rose 0.7% in the after-hours session to $9.75.
Read Next: Is AMC Entertainment Stock Building Power For Another Break?
Image by Jeff Foust on Wikimedia

This material was initially published here.


Leave a Comment

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

Scroll to Top