Is Now The Time To Buy Into GameStop, Orbsat, Or Amazon?
The following three stocks are on the radar of retail investors and day traders early Wednesday.
GameStop Corporation (NYSE:GME): The video games, consumer electronics, and merchandise retailer emerged as a retail investor favorite after r/WallStreetBets or WSB, a Reddit forum carried out a short squeeze earlier this year.
GameStop was among the top three names in terms of the most mentions on WSB at press time behind
AMC Entertainment Holdings Inc (NYSE:AMC) and
Tesla Inc (NASDAQ:TSLA), as per Quiver Quantitative data.
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On Tuesday, GameStop said it had entered into a lease of a 530,000 square foot facility in Reno, Nevada expected to be operational next year.
How Many In WallStreetBets Community See GameStop, AMC, Clover Health As Completely Different Plays
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Clover Health, GameStop, AMC, BlackBerry Stocks Seeing Highest WallStreetBets Interest Heading Into New Trading Week
SPDR S&P 500 ETF Trust (NYSE:SPY),
Clover Health Investments Corp. (NASDAQ:CLOV),
GameStop Corp. (NYSE:GME) and
AMC Entertainment Holdings Inc. (NSYE: AMC) are the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum, even as overall discussions remained muted.
What Happened: Exchange-traded fund SPDR S&P 500 ETF Trust remained the most-discussed stock on the forum with 138 mentions and was followed by medical insurance technology company Clover Health with 113 mentions during the last 24 hours at press time, data from Quiver Quantitative showed.
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