Top 10 Stocks Popular on WallStreetBets 10/22: Snap’s Earnings & Trump’s New Company SPACs
These 10 stocks are the most popular on WallStreetBets for the last 24 hours:
$Snap Inc(SNAP)$ shares fell more than 20% after the market. Shares of $Facebook(FB)$ and $Twitter(TWTR)$ and other social media and digital advertising companies are sharply down in after-hours trading after $Snap Inc(SNAP)$ reported it missed revenue expectations in the third quarter as $Apple(AAPL)$ ’s iPhone privacy changes disrupted its advertising business. Snap also warned that supply chain disruptions were stifling short-term spending on advertising, as companies do not want to spur demand for products they may not have in stock.
$Digital World Acquisition Corp(DWAC)$ shares traded around $10/share. Yesterday, the SPAC announced its plans to merge with TMTG. The stock exploded to $45 today, up over 356%. Trading was halted several times due to volatility — yeah, that’s like a GameStop-level price explosion.
The above data from SwaggyStocks. Not investment advice.
$Snap Inc(SNAP)$ $Tesla Motors(TSLA)$ $Facebook(FB)$ $PayPal(PYPL)$ $Apple(AAPL)$ $Intel(INTC)$ $ContextLogic Inc.(WISH)$ $AMD(AMD)$ $Digital World Acquisition Corp(DWAC)$ $GameStop(GME)$
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