Circle and AMD Lead Gainers This Week Among Moomoo's Five Most Heavily Traded Stocks

Circle, AMD and Nvidia rallied this week among stocks popular with Moomoo users, while Tesla and Palantir eased.

Here's a look at how this week's five most heavily traded stocks on the Moomoo app performed in the seven-day period ended Friday.

The stocks below had this week's highest volume of trades among Moomoo users as measured by the number of shares changing hands, while pricing figures refer to net price changes between the companies' June 13 and June 20 closes:

Langan wrote that he expects Q2 deliveries to fall 21% year over year. His negative take prompted TSLA to sell off 3.9% Tuesday – a decline that Tesla failed to fully recover from during the rest of the holiday-shortened trading week.

The EV giant's stock fell for the seven-day period even though Tesla plans on Sunday to begin testing its eagerly awaited "robotaxis" in the company's Austin, Texas, hometown.

Wedbush analysts led by Dan Ives wrote in a note Friday that Tesla's current roughly $1 trillion market capitalization could double by 2026's end if the new robotaxi business works out well for the firm.

"We believe the march to a $2 trillion valuation for TSLA over the next 12 to 18 months has now begun," Ives and his colleagues wrote.

They rate the stock as "Outperform" with a $500 price target – some 55% above the $322.16 that Tesla closed at Friday.

Circle, which went public on June 5 at $31 a share, closed Friday at $240.28 – up 675.1% in the less than three weeks since its initial public offering.

The stock gained ground Friday after Seaport analyst Jeff Cantwell gave CRCL its first "Buy" rating, arguing in a research note that the firm could see 25%-30% in annual revenue growth. He added that the stablecoin market could potentially expand to $2 trillion.

CRCL had already soared 33.8% Wednesday after the U.S. Senate passed the so-called "GENIUS Act," which stands for "Guiding and Establishing National Innovation for U.S. Stablecoins."

The measure, which next goes to the House of Representatives, aims to provide a legal framework for U.S. stablecoin sales.

Most of the gains came Tuesday after Piper Sandler boosted the stock's price target rating to $140 from an earlier $125, saying that the firm's core client business shows signs of recovery.

Also Tuesday, MSFT unveiled what it called a "strategic, multiyear partnership" with AMD to jointly develop chips for the popular Xbox gaming system.

Shares rose 1.9% that day after Barclays raised its NVDA price target to $200 from an earlier $170, citing strong production trends for the firm's Blackwell AI chips.

Meanwhile, mega-investor Cathie Wood disclosed that she increased her Ark Invest funds' Nvidia holdings.

However, Nvidia returned some of Monday's rally later in the week.

The cybersecurity firm's shares popped as much as 5.4% intraday on Monday to a $144.86 all-time high, apparently as the Israel-Iran conflict gave a boost to security-related stocks in general.

Last week, Loop Capital raised its Palantir price target to $155 from a previous $130, calling the stock a "runaway freight train [that's] never coming back."

PLTR was the top-performing S&P 500 stock of 2024 and is also leading the pack in 2025, up 81.5% year to date as of Friday's close. However, shares actually eased 0.07% this week.