WSB Hot Topic | Celsius soared 75 times in four years, surged 20% overnight

LB Select
2024.03.01 10:06
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AMD is trending third, with a 9% surge overnight, breaking a market value of over $300 billion. It continues to rise over 2% in pre-market trading.

NVIDIA's holding stock SOUN topped the list in popularity, but its performance fell short of expectations, leading to an 18% plunge in pre-market trading. Industry insiders believe that in the short term, the company's sentiment outweighs its fundamentals. Additionally, with the recent surge in small U.S. companies, there may be discounted share offerings causing stock price fluctuations.

NVIDIA ranked second in popularity, rising nearly 2% overnight driven by AMD, and continued to climb over 1% in pre-market trading.

AMD took the third spot in popularity, soaring 9% overnight, surpassing a market value of $300 billion, and continued to rise over 2% in pre-market trading.

Marathon Digital ranked fifth in popularity, plummeting 16.5% overnight despite decent performance. The previous excessive gains led to profit-taking.

SaaS company Snow ranked sixth in popularity, dropping 18% overnight due to disappointing guidance and underwhelming AI-driven revenue growth. Meanwhile, its competitor Salesforce (CRM) reversed its decline overnight, surging over 3% and nearing a new high.

SMCI ranked seventh in popularity, remaining on the list as AI continues to be a major market focus.

SaaS company Zscaler ranked eighth in popularity, falling over 7% in pre-market trading due to underwhelming performance.

Dell ranked ninth in popularity, exceeding expectations with AI-driven revenue growth. The stock surged 20% in pre-market trading, hitting a new all-time high. Its stock price, which was as low as $35 last year, is now at $115, showing a remarkable increase.

Functional beverage company Celsius ranked tenth in popularity, initially opening low overnight but closing with a 20% surge. Its growth momentum remains strong, with quarterly revenue increasing by 95% year-on-year. Since 2020, its stock price has surged over 75 times.

For more information:

WSB Hot Topic | Up 6000% in Four Years! Functional Beverage Company Celsius is About to Release Earnings

Data Source: apewisdom, the most discussed stocks in the past 24 hours

Note:

The Wall Street Bets (WSB) channel on Reddit was created in 2012 and has attracted over 14 million users. It is a gathering place for retail investors to discuss U.S. stocks, often focusing on the hottest stocks of the moment. Due to the channel's influence, it may impact stock price movements.

Risk Warning:

WSB-discussed stocks, especially for small companies (such as GME and AMC in 2021), may experience significant fluctuations due to retail investors' interest or abandonment. Please be cautious of the risks involved.