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70536935 Private ID: 70536935
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    Spoiler:
    At the end of this post, there is a chance for you to win points!
    Happy Monday mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
    Part Ⅰ: Make Your Choices
    Part Ⅱ: Buzzing Stocks List & Mooers Comments
    Every major index moved higher last week. Here is the weekly buzzing stock list of last week:
    1. PHUN - Buzzing Stars: ⭐⭐⭐⭐⭐
    PHUN stock was up 748.54% to $8.740 last week on a rumor of a potential relationship with the newly-formed Trump Media & Technology Group. 
    ● Mooers comment
    @菜鳥特攻隊: Let's
    @Starmax mc204: $Phunware(PHUN.US)$
    2. DWAC - Buzzing Stars: ⭐⭐⭐⭐
    Shares of DWAC skyrocketed as much as 845.78% to $94.200 after an announcement that the blank-check company will merge with Trump Media & Technology Group.
    ● Mooers comment
    @102537432: $Digital World Acquisition Corp(DWAC.US)$anyone plan to keep holding them for a longer time? or most of u are for a quick out on Monday? First time investing in such “political stock”. Thanks!
    Leave your answer...
    @聪颖的能量豆: Buying DWAC not at a good timeBut there is still hope. Trump will give us hope next weeks.
    3. AMC - Buzzing Stars:⭐⭐⭐⭐
    AMC stock dropped 10.16% last week and closed at $36.600 last Friday, furthering a downtrend driven in part by Walt Disney's announcement of more movie delays earlier this week.
    ● Mooers comment
    @allen kidd: seems like it's always time to buy
    4. TSLA - Buzzing Stars: ⭐⭐⭐⭐
    TSLA stock closed at an all-time high of $909.68 last Friday, two days after the company reported record revenue and profits in the third quarter.
    ● Mooers comment
    @moo_Earnings: Tesla Q&A Q3 2021: Production to grow on 50% per year
    5. CEI - Buzzing Stars:⭐⭐⭐
    Given high energy prices and Reddit crowd backing, the price of CEI stock climbed to $1.440 with a weekly rise of 5.11%.
    ● Mooers comment
    @爱吃大鳄鱼: $Camber Energy(CEI.US)$ Let's do some work again.
    6. AAPL - Buzzing Stars: ⭐⭐⭐
    AAPL stock rose 2.66% to $148.690 last week, being on a steady move higher ahead of results this week. However, AAPL shares are still short of all-time highs while Dow and S&P 500 crack records.
    ● Mooers comment
    @Gusa: Happy 9th Birthday to Moomoo
    My first transaction was $Apple(AAPL.US)$  in moomoo. I remember all the hype and excitement from friends around.
    I am still a keen moomoo trader. Enjoy reading the daily moomoo news. Doing the daily quiz feels educational at times. Read more...
    7. RPOG - Buzzing Stars:⭐⭐⭐
    PROG shares soared 38.32% to $2.960 last week. This biotech company is developing a test called Preecludia that rules out preeclampsia, a pregnancy-related blood pressure disorder, while also specializing in gastrointestinal drugs and oral biotherapies.
    8. BBIG - Buzzing Stars:⭐⭐⭐
    BBIG stock closed at $5.190 with a weekly decline of 36.94% after announcing a management change and changing its name to Zash, reflecting the two companies' recent merger.
    ● Mooers comment
    @PREMOSULTRAA: $Vinco Ventures(BBIG.US)$ While BBIG stock struggles today, other companies in the crypto space are enjoying a day of gains. $Coinbase Global(COIN.US)$has seen some turbulence this season but is currently up 3%. Riot Blockchain $Riot Blockchain(RIOT.US)$is doing even better, up almost 4%. Read more...
    9. NIO - Buzzing Stars:⭐⭐⭐
    NIO stock gained 3.10% to $38.880 over the past week, despite the 110-year-old asset management firmBaillie Gifford reducing its original 90.6 million share position by 0.3% last Thursday.
    ● Mooers comment
    @Apollod Wed: $NIO Inc(NIO.US)$ I think the strongest technology is actually Weilai, because it is very difficult for Weilai to use the Mobileye chip to make the current NOP. It is the only one in the world that can use the Mobileye chip to achieve the current capability. Read more...
    10. FB - Buzzing Stars: ⭐⭐
    FB shares were down 0.05% to $324.610 last week after the social media giant reportedly is planning to put a new face forward by changing its name.
    ● Mooers comment
    @Mr Trecherous: Our History Lives On Through Us All
    In case you missed:
    @moo_Live: Facebook Q3 2021 Earnings Conference Call
    Thanks for your reading!
    Awarding Moment
    Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
    @茂盛的默頓 @VCSuccess @Tupack H Mcsnacks @FearGreed @Fly to sky @makankaki @Jia Yung @Syuee @GratefulPanda @cleef @HopeAlways @QueensGetTheMOOlah @GT1982 @Upncoming1841
    We really appreciate your great insights! Read the top comments last week!
    Notice: Reward will be sent to you this week. Please feel free to contact us if there is any problem.
    Part Ⅲ: Weekly Topic
    Time to be rewarded for your great insights and knowledge!
    This week, we'd like to invite you to comment below and share your idea on:
    "What could I do when the stock market is closed?"
    We will select 20 TOP COMMENTS by next Monday.
    Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
    *Comments within this week will be counted.
    Top Comment Technique:
    ● Fundamental / Technical / Capital Analyses
    ● Personal Trading Experience
    ● Any bright insights or knowledge
    Previous of WeeklyBuzz
    Weekly Buzz: "Be optimistic but don't be too optimistic."
    Weekly Buzz: "I'm not mad. I'm just disappointed."
    Weekly Buzz: Doraemon met moomoo figurines.
    Disclaimer: Comments below are made available for informational purposes only. Before investing, please consult a licensed professional.
    Weekly Buzz: "Have some PHUN."
    Weekly Buzz: "Have some PHUN."
    Weekly Buzz: "Have some PHUN."
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    70536935 commented on
    U.S. payments firmAvidXchange expects to list on the Nasdaq on Oct. 13 under the symbol "AVDX".
    It is now looking to sell 22 million shares priced between $23 and $25 each. At the top end of the newly announced range, AvidXchange will raise up to $550 million in the IPO. Earlier it had set a range of $21 to $23 per share, aiming to raise up to $506 million.
    AvidXchange Holdings Inc said it is aiming for a valuation of nearly $5 billion, after boosting the price range for its initial public offering.Goldman Sachs & Co, J.P. Morgan, BofA Securities and Barclays are among the underwriters for AvidXchange's IPO.
    Business Overview
    $AvidXchange(AVDX.US)$provides payment solutions for middle market businesses and their suppliers.
    The company makes software that automates payments, invoicing and accounting for small- and mid-sized businesses. It says its platform allows to process invoices faster than paper-intensive methods.
    The company leaped to a roughly $2 billion valuation with its latest round of fundraising. According to a statement from AvidXchange, the $260 million round was led by TPG Sixth Street Partners, andAvidXchange already counted venture capitalist Peter Thiel and payments network Mastercard Inc. among its backers.
    AvidXchange caters to over 7,000 businesses spanning real estate, financial services, healthcare, media and other industries. According to its website, the company processed around 53 million transactions worth about $145 billion last year.
    It also does not have a significant customer concentration, with top 10 customers accounting for less than 15% of revenue in 2020 and in the first half of this year.
    Payment companies have been highly successful over the past year, as the COVID-19 pandemic accelerated digital transformation across industries.
    Financial Performance
    AvidXchange generated revenue of $149.6 million in 2019 and $185.9 million in 2020, representing year-over-year growth of 24.3%.
    Its gross profit was $62.6 million in 2019 and $85.4 million in 2020, resulting in gross margin of 41.9% in 2019 and 45.9% in 2020. Its net loss was $93.5 million in 2019 and $101.2 million in 2020.
    Click to view the prospectus
    IPO-pedia|Mastercard-backed AvidXchange seeks valuation of nearly $5 bln in IPO
    IPO-pedia|Mastercard-backed AvidXchange seeks valuation of nearly $5 bln in IPO
    IPO-pedia|Mastercard-backed AvidXchange seeks valuation of nearly $5 bln in IPO
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    70536935 commented on
    $Camber Energy(CEI.US)$ Bought 7,000 shares
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    $Sonnet BioTherapeutic(SONN.US)$ There has been an upward trend in the past two days
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