Tesla (TSLA) is the most popular stock on social media according to a study that analysed data from TikTok viewing numbers and Instagram posts focused on stocks to see which are being talked about on social media the most.
Elon Musk’s company has more than 45,400,000 views on TikTok, posted with the hashtag #TeslaStock, and 28,391 posts hashtagged with the same thing, according to financial services provider CMC Markets.
Tesla is also the second most searched stock in the UK on Google according to Ahrefs, with more than 282,000 searches a month.
Read more: WallStreetBets: Meet the founder of the forum that sparked a meme-stock frenzy
AMC Entertainment (AMC) was the second most popular stock across social media. TikToks hashtagged with #AMCStock have attracted more than 25,800,000 views on the platform, and 14,834 Instagram posts have been made to date. It is also the most popular stock based on Google searches from Ahrefs, with more than 490,000 searches monthly in the UK.
In third place is Apple (AAPL), with more than 11,700,000 views on TikToks posted with the hashtag #AppleStock, and 12,436 Instagram posts made with the hashtag. The stock also receives more than 55,000 monthly Google searches in the UK based on data from Ahrefs.
GameStop (GME) takes fourth place on the list, following closely behind Apple with 14,100,000 views on TikTok for hashtagged posts and 8,871 posts captioned with the hashtag #GameStopStock.
Amazon (AMZN) is the fifth most popular on social media, with more than 6,900,000 total views on TikTok for posts hashtagged with #AmazonStock and 3,155 hashtagged Instagram posts to go along with this.
“While these findings might illustrate what stocks get coverage on social media, it also shows the sheer amount of views one can get from posting about them. Many people are turning to social media for their information on the stock market and even tips and tricks for using it properly,” a spokesperson for CMC Markets said.
Read more: 2021: The year when memes humbled hedge funds
“The inclusion of ‘meme stocks’ like AMC and GameStop is no surprise either, with social media sites being some of the biggest pioneers for the rise and fall of these stocks,” the spokesperson added.
Watch: Bed Bath & Beyond, GameStop, Weber rise as meme stocks rally
Add Comment