Clover Health Tops WallStreetBets-Interest Chart Today; GameStop, AMC Also In Spotlight

What Happened: SPDR S&P 500 ETF Trust remained the most-discussed stock on the forum with 639 mentions and was followed by medical insurance technology company Clover Health with 542 mentions during the last 24 hours at press time, data from Quiver Quantitative showed.

GameStop took the third spot with 273 mentions, while movie theatre chain AMC Entertainment attracted 250 mentions.

See Also: Amazon Runs In Blue Skies, Options Trades Pile In

Why It Matters: Shares of AMC Entertainment fell despite rallying earlier in the session after the company said it no longer plans a vote-seeking shareholder approval on its previously announced 25-million-share offering.

Apple is seeing increased interest from retail investors amid rumors that the company’s new iPhone series remains on track for a September launch.

Price Action: SPDR S&P 500 ETF Trust shares closed almost 0.2% lower in Tuesday’s regular trading session at $432.93 and further declined almost 0.2% in the after-hours session to $432.18.

Clover Health shares closed 14.6% lower in the regular trading session at $10.00, but rose 1.3% in the after-hours session to $10.13.

AMC Entertainment shares closed almost 3.9% lower in the regular trading session at $49.96 and further declined 0.7% in the after-hours session to $49.59.

Read Next: Unprofitable Companies Are Flooding The Market With Stock Offerings: What Does It Mean?

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