These are the most popular stocks on Tiktok & Instagram

Dusseldorf Social media are becoming more and more important in many people’s lives – including when it comes to investing. The British financial service provider CMC Markets has therefore examined which stocks are the most popular on Tiktok and Instagram this year.

What is striking is that eight out of ten stocks have fallen more than the market-wide leading US index S&P 500 this year. But the prices have not only fallen more, they also fluctuate more. This shows the volatility, which shows the deviation of prices from their mean: For the S&P 500 this is 23.2 percent, for the most popular stocks on social media it is 67 percent on average.

However, the latest trend looks different: On average, the shares perform significantly better than the broader market on a weekly basis: Seven out of ten have risen more strongly than the S&P 500. The Handelsblatt therefore takes a closer look at the favorites on Instagram and Tiktok.

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

source site-16