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FinanceReddit

Here are the 5 stocks Reddit’s WallStreetBets are talking about today

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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June 11, 2021, 1:00 PM ET
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Friday is, after an exhausting week, a fairly slow day for meme stocks. None of the Reddit favorites are on a tear—in either direction—but history has shown that those breath-catching periods don’t tend to last for long.

One way to try to read the r/WallStreetBets tea leaves is to judge which companies are getting the most chatter. A surge in threads about Blackberry and Clover Health Investments this week, for instance, saw both companies post notable gains. (Although, it should be noted, both gave up those gains by the end of the week.)

So what are the AMC apes, GameStop gorillas, and other HODLers talking about today? Here are the five most mentioned tickers, courtesy of real-time reddit ticker analytics site YoloStocks.

AMC (AMC): Some apes are licking their wounds after the theater chain’s stock dropped from nearly $60 on Tuesday to less than $44 today. But they’re still talking. AMC makes up 11% of the conversations in the past 24 hours.

GameStop (GME): The original meme stock is still going strong, but some investors took a beating this week after it dropped from $337 on Tuesday to under $214 today after the company said it’s being investigated by the SEC. GameStop shares, though, have ridden this sort of roller coaster several times in the past month. And investors are still talking it up, dominating 10% of the chatter.

Blackberry (BB): One of the quieter meme stocks, Blackberry jumps from sixth to third among discussions, also occupying 10% of the conversations. Whether that signals another surge of interest in the coming days, though, is still unknown.

ContextLogic (WISH): The e-commerce platform that operates at Wish.com specializes in dirt-cheap products, and the stock hasn’t been a barn burner for much of this year either. But it has caught the eye of Reddit and currently makes up 6% of the mentions on r/WallStreetBets.

Cleveland-Cliffs (CLF): This Ohio-based company, which mines iron ore and produces flat-rolled steel, has been the focus of 5% of the subreddit’s mentions.

Clover Health, incidentally, which exploded on Wednesday, has fallen to the eighth most mentioned stock, with 4% of the mentions.

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About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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