BlackBerry Overtakes AMC To Become Top WallStreetBets Interest

Benzinga2021-06-03

BlackBerry Limited continues to see increased interest from retail investors and has now overtaken AMC Entertainment Holdings Inc. to emerge as the most-mentioned stock on Reddit’s r/WallStreetBets forum.

What Happened: Canada-based tech company BlackBerry had 7,957 mentions on the Reddit forum during the last 24 hours, data from Quiver Quantitative showed.

In comparison, movie theatre chain AMC Entertainment was talked about 7,834 times during the same period. Gaming retailer GameStop Corp. was a distant third, with 2,220 mentions.

The enterprise software solutions company's rise to the top is recent. AMC remains the most-talked-about stock over trailing 7-day and 30-day periods. BlackBerry is the second-most talked-about stock in a trailing 7-day period and the third-most talked-about stock over the past 30 days.

Why It Matters:The Quiver Quantitative data shows that BlackBerry has emerged as a favorite stock of retail investors over the past week. It was reported on Tuesday that BlackBerryovertookGameStop and emerged as the second-most mentioned stock just behind AMC Entertainment on the WallStreetBets forum.

Retail investors are continuing to pile into BlackBerry and other Reddit-favorite stocks as they attempt a new short squeeze.

BlackBerry’s shares hit a high of $28.77 in late January this year amid an epic short squeeze but had dropped significantly since then. The stock has now risen for six straight sessions and its year-to-date gains stand at 130.02%.

Price Action:BlackBerry shares surged 31.9% higher in Wednesday’s regular trading session at $15.25 and further rose almost 3.1% in the after-hours session to $15.72.

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精彩评论

  • moneytrees
    2021-06-20
    moneytrees
    BB GO
  • Tannie
    2021-06-04
    Tannie
    BB $30 3 DAYS
  • derricktang8
    2021-06-04
    derricktang8
    Very good. Bb is underrated 
  • KTtrader
    2021-06-04
    KTtrader
    Such volatile movement 
  • Andaroo
    2021-06-04
    Andaroo
    These HedgeFunds and main stream media really think we're that retarded?Obviously a distraction.Stay strong AMC gme apes!
  • BenLek
    2021-06-04
    BenLek
    Distracting and tryna dilute funds from AMC 😂
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