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EXCLUSIVE: Top 10 Most Searched Tickers On Benzinga Pro In May: Where Do Nvidia, Tesla, GameStop, AMC Rank?

Published 07/06/2024, 20:33
Updated 07/06/2024, 21:40
© Reuters EXCLUSIVE: Top 10 Most Searched Tickers On Benzinga Pro In May: Where Do Nvidia, Tesla, GameStop, AMC Rank?
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Benzinga - by Chris Katje, Benzinga Staff Writer.

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers.

Here is a look at the most-searched stocks on Benzinga Pro during the month of May 2024. Current prices and year-to-date performance are based on June 7 and do not include dividends. April search results were not tracked.

  • 1. SPDR S&P 500 ETF Trust (NYSE:SPY)
  • Price: $536.17

    52-Week Range: $408.91 to $536.86

    YTD Return: +12.8%

    January/February/March Search Rank: 2nd/2nd/1st

    2. NVIDIA Corporation (NASDAQ:NVDA)

    Price: $1,209.80

    52-Week Range: $385.67 to $1,255.87

    YTD Return: +144.3%

    January/February/March Search Rank: 3rd/1st/1st

    3. GameStop Corporation (NYSE:GME)

    Price: $29.06

    52-Week Range: $9.95 to $64.83

    YTD Return: +62.6%

    January/February/March Search Rank: Not in the Top 20 for all three months

    4. Tesla Inc (NASDAQ:TSLA)

    Price: $177.46

    52-Week Range: $138.80 to $299.29

    YTD Return: -28.6%

    January/February/March Search Rank: 1st/4th/2nd

    Related Link: EXCLUSIVE: Top 10 Most Searched Tickers On Benzinga Pro In March: Where Do Tesla, Nvidia, SPY And Reddit IPO Rank?

    5. Faraday Future Intelligent Electric (NASDAQ:FFIE)

    Price: $0.61

    52-Week Range: $0.04 to $117.36

    YTD Return: -28.6%

    January/February/March Search Rank: Not in the Top 20 for all three months

    6. Apple Inc (NASDAQ:AAPL)

    Price: $196.25

    52-Week Range: $164.08 to $199.62

    YTD Return: +1.9%

    January/February/March Search Rank: 5th/8th/4th

    7. AMC Entertainment Holdings (NYSE:AMC)

    Price: $4.97

    52-Week Range: $2.38 to $54.97

    YTD Return: -18.9%

    January/February/March Search Rank: 16th/12th/Not in Top 20

    8. Advanced Micro Devices (NASDAQ:AMD)

    Price: $167.17

    52-Week Range: $92.17 to $227.30

    YTD Return: +13.5%

    January/February/March Search Rank: 12th/14th/8th

    9. Invesco QQQ Trust (NASDAQ:QQQ)

    Price: $463.25

    52-Week Range: 342.17 to $465.74

    YTD Return: +13.1%

    January/February/March Search Rank: 18th/22nd/9th

    10. Palantir Technologies (NYSE:PLTR)

  • Price: $23.19

    52-Week Range: $13.56 to $27.50

    YTD Return: +35.0%

    January/February/March Search Rank: Not in Top 20/Not in Top 20/11th

    Honorable Mentions: The following stocks were the 11th to 20th most-searched tickers on Benzinga Pro in May 2024.

    11. AEye Inc (NASDAQ:LIDR)

    12. Novavax Inc (NASDAQ:NVAX)

    13. Amazon.com Inc (NASDAQ:AMZN)

    14. Super Micro Computer Inc (NASDAQ:SMCI)

    15. AST SpaceMobile (NASDAQ:ASTS)

    16. Dell Technologies (NYSE:DELL)

    17. Cheetah Net Supply Chain Service (NASDAQ:CTNT)

    18. Hims & Hers Health Inc (NYSE:HIMS)

    19. OneMedNet Corp (NASDAQ:ONMD)

    20. Coinbase Global (NASDAQ:COIN)

  • Why It's Important: GameStop and AMC were two of the bigger financial storylines in May with the return of Roaring Kitty, aka Keith Gill, on social media. GameStop ranked as the third most searched ticker on Benzinga Pro in May after not ranking in the top 20 the first three months of the year.

    After two months in the top position, Nvidia fell to second place for May. The stock continued as one of the most searched and top performers of the past year.

    Another big storyline based on the searches on Benzinga Pro could be related to Bitcoin (CRYPTO: BTC). Stocks like Marathon Digital, MicroStrategy and Coinbase have frequently appeared as the top 20 searched tickers on Benzinga Pro each month. Only Coinbase ranked in the top 20 in May and it was in the 20th position, suggesting investors may not be looking at cryptocurrency-related stocks as much now as the first part of the year.

    Super Micro Computer ranked in the top 11 for January, February and March, hitting a peak of 3rd place in February. The stock dropped back out of the top 10 ranking 14th in May.

    After not ranking in the top 20 in January or February, Palantir ranked 11th in March and found its way into the top 10 for May in 10th place.

    Faraday Future has been popular with investors despite financial struggles. The stock ranked fifth in May and will be an interesting stock to watch for the search history going forward.

    Read Next: Benzinga’s ‘Stock Whisper’ Index: 5 Stocks Investors Secretly Monitor But Don’t Talk About Yet

    Photo: Shutterstock

    © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

    Read the original article on Benzinga

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