Gamestop is back. WSB Top 30 Most Mentioned - 25.02.2021
Updated: Mar 29, 2021
Gamestop is back at number 1 in the wallstreetbets (wsb) Top 30 most mentioned ranking, taking the lead from AMC. Some of the other favorite stocks from the last pump up are back on the radar with Blackberry and Nokia in the top 5.
What happened? News regarding the CFO of Gamestop leaving the company triggered the move. This is confirmed by the mentions as the word CFO was mentioned 158 times in the last 24 hours. If it were included in the chart it would rank at number 8. One would normally expect to see a 5-10% move to the upside or downside based on such news, but Gamestop rallied 100% for the day and another 80% in after hours yesterday.
As of writing, the stock is trading pre-market at 155.76USD.
AMC is rallying as well with the stock trading above 10USD pre-market.
Another interesting fact for you - in the last 24 hours the word HOLD was mentioned 103 times and MOON was mentioned 98 times. This means that if they were included in the rankings they would be 16th and 17th.
Here is the top 30 for today:
I already mentioned Nokia earlier, and it tops the new entries chart. It goes into the top 30 at number 5 with 491 mentions. Some of the other stocks which were among the reddit group favorites are SOS - a crypto mining company, TLRY - a cannabis stock and NAKD.
Among the biggest movers we have SNDL climbing 14 positions to reach number 6. A cannabis stock with small market cap, it could move significantly if members of the group start buying.
Blackberry (BB) is one of the other climbers. As mentioned it was one of the stocks which were mentioned a lot during the previous Gamestop rally.
Another significant move is WKHS which entered the chart yesterday on bad news. We can see that one-time events tend to attract interest from the group, but today this stock slips out of the top 10 and almost exits the top30.
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