Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.
The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.
JPMorgan Chase & Co (NYSE:JPM) JPMorgan Chase & Co.’s economists told clients in a report on Friday that they expect a 7% contraction in gross domestic product this year, the same as Goldman Sachs projects. Shares are trading 1.24% lower in Friday’s premarket session.
Tesla (NASDAQ:TSLA) CEO Elon Musk challenged the United Auto Workers to try and organize employees at his company’s plant in Fremont, California, and has voiced his opinion on the Biden administration’s policies.
Global X DAX Germany ETF (NASDAQ:DAX) The DAX is a stock market index consisting of the 40 major German blue chip companies trading on the Frankfurt Stock Exchange. Shares are trading 6.96% lower this week.
VanEck Russia ETF (BATS:RSX) Van Eck’s Russia ETF has attracted a surge of trader interest and drawn comparisons to last year’s so-called meme stock frenzy, as investors seek ways to capitalize on market gyrations caused by the Ukraine crisis. Shares are trading 0.69% lower in Friday’s premarket session.
Forestar Group (NYSE:FOR) Forestar Group saw a decrease in earnings per share from 85 cents per share in the fourth quarter to 81 cents in the first. Shares are flat in Friday’s premarket session.
GameStop (NYSE:GME) GameStop will announce its fourth-quarter results sometime around March 23. The stock lost ground to the market on Thursday as shares fell 3% in the morning session.
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