WSB Hot Discussion | This new stock soared 11 times, is a shareholder of SpaceX

LB Select
2024.04.09 11:48
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Energy stock ALCC, blessed by OpenAI founder, surged 22.5% overnight, rising for 11 consecutive trading days

ALCC, an energy stock blessed by the founder of OpenAI, is the hottest stock, surging 22.5% overnight and rising for 11 consecutive trading days:

This stock is a Special Purpose Acquisition Company (SPAC) that has been rising for 11 consecutive trading days. Owned by Sam Altman and Michael Klein, this SPAC is targeting the acquisition of advanced nuclear power company Oklo Inc., with a potential transaction value (valuation of the latter) of approximately $850 million. Before the market opened on April 8th, Oklo signed a non-binding Letter of Intent (LOI) with Diamondback Energy to supply 50 MW of electricity.

DXYZ is the fourth hottest stock, having been listed for nine trading days. Due to its scarcity in the market, it surged over 1100%, with a 68% overnight increase, and trading volume expanding to $689 million. From $8 to $105, DXYZ only took 9 trading days.

Pre-market trading today surged over 8%:

Currently, DXYZ's largest investment holding is SpaceX, followed by Axiom Space, with a 3.8% stake in OpenAI:

The stock surged 230% intraday on its first day of listing, but closed with only about a 9% increase, showing significant volatility. Please exercise caution when participating.

Industrial cannabis stock TLRY is the sixth hottest, with performance below expectations, experiencing a nearly 20% drop in pre-market trading.

Trump concept stock DJT is the seventh hottest, experiencing a recent continuous decline, with the current stock price at $37, halving from its peak of $79.

Assets such as energy and gold continue to rise, such as PAA (energy stock), OIL (crude oil ETN), GLD (gold ETF), etc.

Data source: swaggystocks.com, the most discussed stocks in the past 24 hours

Note:

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Stocks discussed on WSB may experience significant volatility due to retail investors' enthusiasm or abandonment, especially for small companies (such as 2021's GameStop GME and AMC). Please be aware of the risks