Clover Well being Investments Corp. (NASDAQ: CLOV) has joined AMC Leisure Holdings Inc. (NYSE: AMC) and SoFi Applied sciences Inc. (NASDAQ: SOFI) among the many shares seeing the very best curiosity on Reddit’s r/WallStreetBets discussion board, whereas SPDR S&P 500 ETF Belief (NYSE: SPY) remained the most-discussed inventory on the discussion board, as of Wednesday evening.
What Occurred: Alternate-traded fund SPDR S& 500 ETF is seeing the very best curiosity on the discussion board with 698 mentions, adopted by medical insurance coverage know-how firm Clover Well being with 576 mentions over the last 24 hours, information from Quiver Quantitative confirmed.
Film theatre chain AMC Leisure and on-line private finance firm SoFi Applied sciences took the third and fourth spots with 320 and 279 mentions, respectively.
The opposite shares which might be trending on the discussion board embody online game retailer GameStop Corp. (NYSE: GME), graphics chipmaker Nvidia Corp. (NASDAQ: NVDA), steelmaker Cleveland-Cliffs Inc. (NYSE: CLF), biotechnology firm Moderna Inc. (NASDAQ: MRNA), Canada-based cybersecurity firm BlackBerry Ltd. (NYSE: BB) and tech big Apple Inc. (NASDAQ: AAPL).
See Additionally: What’s Up With Clover Health Stock Wednesday?
Why It Issues: Clover Well being is once more seeing excessive curiosity from retail traders as its shares surged on Wednesday. The corporate stated it is going to report second-quarter monetary outcomes on August 11, whereas a regulatory submitting late Tuesday confirmed that its COO Jamie Reynoso acquired 220,820 shares as a part of a restricted inventory models (RSU) award.
SoFi Applied sciences’ shares rallied virtually 10% on Wednesday amid elevated retail curiosity, whereas establishments have been additionally hammering call contracts.
Cleveland-Cliffs has emerged among the many most-discussed shares on the WSB discussion board forward of the discharge of its second-quarter monetary outcomes earlier than the market opens on Thursday.
Value Motion: SPDR S&P 500 ETF Belief shares closed 0.8% larger in Wednesday’s common buying and selling session at $434.55 and additional rose virtually 0.1% within the after-hours session to $434.94.
Clover Well being shares closed virtually 6.4% larger within the common buying and selling session at $8.88 and additional gained 5.5% within the after-hours session to $9.37.
AMC Leisure shares closed virtually 5.4% decrease within the common buying and selling session at $40.78 and additional declined 0.6% within the after-hours session to $40.53.
Learn Subsequent: Moderna Debuts In S&P 500, Institutions Buy Billions Worth Of Stock
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