$General Motors(GM.US)$
to the moon

This year's activity coincided with a surge of rookie investors who joined the world of stock trading to ride the historic market rebound. Remote work, stimulus checksandhigher personal savings levels,as well as social media chatrooms only accelerated the boom in retail trading.
The meme stock saga started just days into 2021 when retail traders teamed up on Reddit's WallStreetBets' forum, aiming to bid up $GameStop(GME.US)$'s shares, which were heavily shorted by hedge funds. The retail buying triggered massive short covering among hedge funds that fueled the rally even further.
Trading volume for GameStop and meme stock favorite $AMC Entertainment(AMC.US)$ has faded. About 2.5 million shares of GameStop are changing hands daily based on a 30-day average as of Dec. 22, a fifth of that in January.
--- according to FactSet
Reddit traders also appear less focused on GameStop and AMC, which were the two most-mentioned tickers on WallStreetBets this year.
--- according to data tracker YoloStocks
WallStreetBets mentions for both peaked on Jan. 28 at about 267,000 for GameStop and 47,000 for AMC, but typical days for each over the past few months see hundreds, not thousands, of mentions.
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Despite recent market sell-offs with GameStop and AMC each dipping to their lowest levels in months on Dec.14. But both stocks are up this year, at about 707% and 1,245% as of Dec.27, respectively .
Performance varies for other stocks popular on Reddit message boards. $Koss Corp(KOSS.US)$jumped 285%, $BlackBerry(BB.US)$ was up 43% for the year, while $Tesla(TSLA.US)$added 51%. On the down side, $ContextLogic(WISH.US)$dipped 80%, $Clover Health(CLOV.US)$dropped about 75%. $Palantir(PLTR.US)$ and $Bed Bath & Beyond Inc(BBBY.US)$ was down roughly 20% and 10%, respectively.
Source: Reddit, CNBC

Electric vehicle maker $Tesla(TSLA.US)$ has emerged as the most-discussed stock on Reddit's r/WallStreetBets forum as of early Monday.
$Tesla(TSLA.US)$ is seeing the highest interest on the forum with 375 mentions at press time, $Apple(AAPL.US)$ followed by with 115 mentions, data from swaggy stocks showed.
$Tesla(TSLA.US)$ shares closed 5.8% higher on Thursday, the last trading day prior to the Christmas holidays.
$Apple(AAPL.US)$ has hired $Meta Platforms(FB.US)$ communications and public relations head for the iPhone maker's Augmented Reality (AR) efforts, it was reported on Sunday, citing Bloomberg's .
The following tickers are the top trending stocks mentioned by the polular sub-reddit, WallStreetBets, over the last 24 hours. Let's check it out.
Source: MT Newswires

$Bitcoin(BTC.CC)$ fang

Shares of $Apple(AAPL.US)$ climbed nearly 3% on Wednesday, following the Federal Reserve's meeting.
If the stock gains just 2% to trade at $182.85, that would send Apple's market cap to $3 trillion, and the company will become the world's first $3 trillion company.
According to Vanda Research, amateur investors have poured nearly $1.1 billion into Apple shares since the end of November. The stock has gained nearly 36% this year, outpacing the S&P 500's strong 25% advance.
Apple's following among amateur investors and its $90 billion share buyback program is aiding the stock's gains.
--- Vanda Research said.
Also investment bank $JPMorgan(JPM.US)$ has increased the target price for Apple to $210, citing high demand and expected earnings in early 2022, as well as the prospect of a 5G iPhone SE.
Mooers, Do you think Apple will hit $3 trillion market value today? Would you buy in Apple at this moment?
Source: Market Insider

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As the popularity of cryptocurrencies — especially Bitcoin and Ethereum — surges, Coinbase (COIN) $Coinbase(COIN.US)$ is at the forefront of the cryptocurrency industry. After the company's hyped IPO, is Coinbase stock a buy or sell in the current stock market weakness?
Coinbase Stock IPO
The crypto giant launched its direct listing on the Nasdaq on April 14, pricing at 250 a share. Coinbase stock shot up nearly 72% to 429.54 before closing its first day of trading at 328.28, up 31.3%, for a valuation of $87.3 billion.
Analysts expect the Coinbase IPO to give the cryptocurrency market increased validation.
Is Coinbase Stock A Buy Right Now?
Coinbase slid over 2% Monday. The price of Bitcoin dropped to $47,600 Monday, according to Coindesk. Bitcoin hit a record high on Nov. 10 at $68,990.
For now, the stock is no longer a buy after its sharp losses in recent weeks. Wait for the stock to form a new base before purchasing shares.
Part of the content is taken from Investor's Business Daily.