Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.
The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.
GameStop Corp (NYSE:GME) Shares were down 2.72% during Wednesday’s premarket session due to profit taking from the recent meme stock run. Over 8 million shares were traded within the first two hours of the opening bell Tuesday, triggering a volatility halt.
Tilray Inc (NASDAQ:TLRY) The company announced it will release its third-quarter earnings report before the opening bell on April 6, 2022. The stock is up 37.52% over the last five trading days due to the House of Representatives voting to legalize marijuana at the federal level.
AMC Entertainment Holdings Inc (NYSE:AMC) is up 57.02% over the last five trading sessions due to CEO Adam Aron disclosing he is interested in making more transformational deals to deliver maximum value to shareholders.
Tesla Inc (NASDAQ:TSLA) shares are up 12.2% over the last five trading sessions. A SEC filing revealed the company is interested in enabling another stock split so it can pay dividends to its shareholders.
Advanced Micro Devices (NASDAQ:AMD) The company announced last week the expanded support of the AMD Instinct ecosystem from partners including ASUS, Dell Technologies and others.
Robinhood Markets Inc (NASDAQ:HOOD) The stock rose 18.02% Tuesday on news of the company extending trading hours to 8 p.m. EDT in a step toward 24/7 trading.
Apple Inc (NASDAQ:AAPL) The company’s stock has risen each day for the last 10 consecutive sessions, marking a milestone unseen since 2010.
Chewy Inc (NYSE:CHWY) Shares are trading 14.88% lower during Wednesday’s premarket session due to weak financial results. Chewy reported that its fourth-quarter revenue increased 17% year-over-year to $2.39 billion, which came in below the $2.42-billion estimate. The company reported a quarterly net loss of $63.6 million.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) announced that it will release its fourth-quarter earnings report before the opening bell on April 13.
