WallStreetBets Moves Past Virgin Galactic In Favor Of S&P 500; Clover Health, Nokia, AMC Other Top Trends – Nokia Corp. (NOK), S&P Dep Receipts (SPY)


Virgin Galactic Holdings Inc (NYSE:SPCE) misplaced the highest place by way of r/WallStreetbets mentions to SPDR S&P 500 ETF Belief (NYSE:SPY) as of Tuesday evening, whereas Nokia Oyj (NYSE:NOK) and Clover Well being Investments Corp (NASDAQ:CLOV) have been among the many high tendencies.

What Occurred: With 944 mentions, S&P 500 was the highest trending title on the Reddit investor dialogue board. Nokia and Clover Well being got here on the second and third spots with 318 and 314 mentions, respectively, as per Quiver Quantitative information.

Different notable names mentioned on WSB included AMC Leisure Holdings Inc (NYSE:AMC) with 312 mentions and GameStop Company (NYSE:GME) with 141 mentions.

Website: How To Buy GameStop (GME) Shares

Tilray Inc (NASDAQ:TLRY), SoFi Applied sciences Inc (NASDAQ:SOFI), Alibaba Group Holding Ltd (NYSE:BABA), and Tesla Inc (NASDAQ:TSLA) have been among the many different most-discussed names on WSB.

Apple Inc (NASDAQ:AAPL) and BlackBerry Ltd (NYSE:BB) have been additionally trending on the investor discussion board.

Why It Issues: Virgin Galactic, which dominated discussions on WSB since founder Sir Richard Branson flew to the edge of space on Sunday, noticed the curiosity on the discussion board cut back with 207 mentions.

See Additionally: 5 Stocks Retail Investors Have Eyes On Amid Richard Branson-Fueled Space Excitement

On Tuesday, shares of SPDR S&P500 noticed unusual options activity put up which the inventory worth moved increased.

Nokia shares rose after the corporate mentioned it expects to revise its 2021 financial guidance. The Finnish telecom main is predicted to launch its second quarter and half-year monetary numbers on July 29.

Nokia inventory has damaged the $5 resistance level and will see a pattern change, as per Benzinga’s Tyler Bundy.

Value Motion: Nokia shares closed 9.4% increased at $5.88 in Tuesday’s common session and rose one other 1.19% to $5.95 within the after-hours.

On the identical day, SPDR S&P 500 moved 0.34% decrease to $435.59 within the common session and fell 0.13% within the after-hours buying and selling. The underlying S&P 500 index closed 0.35% decrease.

Learn Subsequent: Nokia Rekindles Retail Interest Amid Stonk-Blitz: What You Should Know About Its Prospects

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