Meme-stock GameStop, Tesla lead the 10 most talked about stocks on Reddit's WallStreetBets forum

  • Reddit’s WallStreetBets forum entered the mainstream at the beginning of 2021 during the GameStop craze. 
  • Driving stocks like GameStop and AMC, retail investors congregating on the subreddit are a force in the stock market.
  • These are the 10 most popular stocks WallStreetBets is talking about right now.

Following which stocks Reddit’s WallStreetBets crowd is talking about was a tactic that paid off handsomely in 2021, as several have gone through epic rallies and heightened


volatility

From GameStop to AMC Entertainment, the more than 11 million-member forum has driven the conversation in so-called meme stocks that have exploded higher amid overwhelming demand from retail investors. The surge in stocks with shaky fundamentals has led to several hedge fund blowups that were caught on the opposite side of the trade betting against the company in question. 

GameStop’s short-squeeze, driven in part by the WallStreetBets crowd, led to a more than 50% drawdown in multibillion-dollar hedge fund Melvin Capital. Meanwhile, the sharp rally in struggling movie theater chain AMC Entertainment caused billions of dollars in losses for short-sellers in May and June.

But since those short-squeezes caused destruction for some short sellers, shares of GameStop and AMC Entertainment have fallen by about 60% from their record highs as investors begin to confront the fundamental backdrop behind the companies.

As traders look to replicate the success of WallStreetBets stocks, one data aggregator is compiling the most mentioned stocks on Reddit’s forum. 

These are the top 10 stocks Reddit’s WallStreetBets forum is focused on right now, according to data compiled by SwaggyStocks. The list is based on mentions over the past 24 hours, and financial data is sourced from Koyfin

10. Amazon

Ticker: AMZN
WallStreetBets Mentions Over Past 24 Hours: 121
Market Capitalization: $1.60 trillion
One-Week Performance: 12.1% 

Amazon Air is a cargo airline brand for Amazon freight delivery service based in Seattle, Washington.

Nicolas Economou/NurPhoto via Getty Images


9. Meta Platforms

Ticker: FB
WallStreetBets Mentions Over Past 24 Hours: 131
Market Capitalization: $552.7 billion
One-Week Performance: 12.8% 

Facebook Meta sign

Justin Sullivan/Getty Images


8. Apple

Ticker: AAPL
WallStreetBets Mentions Over Past 24 Hours: 176
Market Capitalization: $2.64 trillion
One-Week Performance: 8.9% 

An Apple store.

Spencer Platt/Getty Images


7. Boeing

Ticker: BA
WallStreetBets Mentions Over Past 24 Hours: 217
Market Capitalization: $108.3 billion
One-Week Performance: 6.7% 

Boeing 777X.

Stephen Brashear/Getty Images


6. Nvidia

Ticker: NVDA
WallStreetBets Mentions Over Past 24 Hours: 217
Market Capitalization: $625.7 billion
One-Week Performance: 16.8% 



Mandel Ngan/AFP via Getty Images


5. ZIM Integrated Shipping Services

Ticker: ZIM
WallStreetBets Mentions Over Past 24 Hours: 220
Market Capitalization: $10.9 billion
One-Week Performance: -10.2% 



Tal Oran


4. Advanced Micro Devices

Ticker: AMD
WallStreetBets Mentions Over Past 24 Hours: 238
Market Capitalization: $185.7 billion
One-Week Performance: 4.9% 

AMD CEO Lisa Su

Steve Marcus/Reuters


3. Alibaba

Ticker: BABA
WallStreetBets Mentions Over Past 24 Hours: 359
Market Capitalization: $261.0 billion
One-Week Performance: 51.6% 

Alibaba, a Chinese e-commerce giant, is one of many companies criticized for its grueling work culture.

Thomas Peter/Reuters


2. Tesla

Ticker: TSLA
WallStreetBets Mentions Over Past 24 Hours: 638
Market Capitalization: $925.1 billion
One-Week Performance: 20.0% 



Associated Press


1. GameStop

Ticker: GME
WallStreetBets Mentions Over Past 24 Hours: 1,390
Market Capitalization: $7.0 billion
One-Week Performance: 45.0% 



John Smith/VIEWpress/Getty Images


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