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Benzinga's Daily Brief On Trending Tickers For March 30, 2022: Robinhood, Chewy, Tilray And More

Published 30/03/2022, 14:50
Updated 30/03/2022, 15:42
© Reuters.  Benzinga's Daily Brief On Trending Tickers For March 30, 2022: Robinhood, Chewy, Tilray And More

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: 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: 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: 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.

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Apple Inc (NASDAQ: 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.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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