Financial gurus appear to be haunted by the viral stock rallies that jolted the market at the turn of the year. Reddit has over 10 million users who share thousands of market-related topics every day. As Reddit speculation grew, the stock price of GameStop Corp. increased by more than 13%. MicroVision, Inc. is known for its lidar sensors, which are utilized in self-driving cars. In a short squeeze push, WallStreetBets members featured the company in their forums. BlackBerry Limited is one of the market’s most undervalued tech stocks. Encryption and security services are provided by the Canadian software business. Retail investors are projected to continue to drive market dynamics in the coming months in the absence of substantial regulation around tech-enabled trading. Hedge funds and established financial firms, such as hedge funds, rarely agree with these retail traders.
Here is Insider Monkey’s list of the 10 popular stocks Reddit’s WallStreetBets is talking about today. Sundial Growers Inc. is a cannabis-related product manufacturer based in Canada. It ranks tenth on the list of the ten most popular stocks discussed today on Reddit’s WallStreetBets. Year-to-date, Sundial stock has returned almost 58 percent to investors. Academy Sports and Outdoors, Inc. is a sporting goods retailer with locations throughout Texas. It’s number nine on the list of the ten most popular stocks on Reddit today, according to WallStreetBets. In the last year, Academy stock has returned more than 72 percent to investors. Roblox Corporation is a video game company based in California that was formed in 2004. It ranks eighth on the list of the ten most popular stocks discussed today on Reddit’s WallStreetBets. Over the last month, Roblox stock has returned more than 23 percent to investors. Virgin Galactic Holdings, Inc. is a California-based spaceflight company founded in 2004. It is ranked seventh on our list of 10 popular stocks Reddit’s WallStreetBets is talking about today. The firm is primarily focused on developing commercial spacecraft for space tourists. It also offers other services related to spaceflight vehicles. Virgin stock has returned more than 56% to investors over the past year. The company manufactures space and air vehicles for travel in-house. On May 21, investment advisory UBS upgraded Virgin Galactic Holdings, Inc. stock to Buy from Neutral with a price target of $36, implying 80% upside potential. The share price of the space firm jumped close to 4% after the rating update. Just like GameStop Corp., MicroVision, Inc., and BlackBerry Limited, Virgin Galactic Holdings, Inc. is one of the most popular stocks Reddit’s WallStreetBets is talking about today. Tesla, Inc. is a California-based electric vehicle manufacturer with interests in a variety of industries, including renewable energy. Over the last year, Tesla stock has returned more than 276 percent to investors. For more details, click 10 Popular Stocks Reddit’s WallStreetBets is Talking about Today.
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