Is Rigetti Computing Stock the Next GameStop?

From now on, people may have a permanent interest in cryptos, irrespective of the digital market’s valuation. I’m probably going to get trashed for mentioning Corsair Gaming as a possible big play among Reddit stocks in 2022. Over the trailing one-year period heading into the first weekend of the new year, shares plummeted exactly 47%. Undoubtedly, some folks in the Forex day trading social media crowd jumped on CRSR stock last year, likely prompting negative feelings. Saylor, a vocal bitcoin evangelist, has pushed for more companies to buy the token.

GameStop Share Price Prediction For Next Months and Years

Wallbox hits upon two major themes that some traders will find attractive. Obviously, the core products enhance the progression and viability of clean transportation. Second, ample research points dowmarkets out that millennials and Generation Z care about sustainability — and many put their money where their mouth is. With the year that cryptocurrencies had in 2021, it was perhaps only inevitable that the sector would incur a serious correction. As I sit here writing this, over the trailing week, several major cryptos have printed red ink to the magnitude of 15% or greater. That would place us near the cusp of what analysts usually consider bear market territory.

  • Investors piled into the stock due to its reputation as the next big thing in tech.
  • Unfortunately, that has led to some legitimate concerns regarding overvaluation.
  • That company, recently rebranded to Strategy, has bought billions of dollars worth of bitcoin in recent years, effectively transforming from a software stock to a bitcoin holding vehicle.
  • That is exactly the kind of price momentum that makes this a can’t miss stock in many eyes.
  • Those investments have to conform to the policy’s guidelines, or be approved by the committee by unanimous vote or the full board by majority vote.
  • Although GameStop’s stock rose in a way that remains hard to comprehend, the biggest gainer from the Redditors’ hype has to be Nokia.

The Next GameStop? 15 Stocks With High Short Interest

Over the past year, the stock skyrocketed by 1,033%, climbing from a low of $0.66 in September 2024 to a high of $21.42 in January 2025. To fund the $125 million acquisition, Troika turned to Blue Torch Capital, a direct lender specializing in micro-cap companies. «In recent years elevated crowding, low turnover, https://www.forex-reviews.org/ and high concentration have been consistent patterns, boosting the risk that one fund’s unwind could snowball through the market,» Kostin wrote. The GameStop frenzy may have quieted down, but according to Goldman Sachs, the retail trading boom could happen again soon.

  • During trials, they achieved 99.9% single-qubit gate fidelity and 98.5% two-qubit fidelity, proving their commitment to improving their technology while building key industry collaborations.
  • To fund the $125 million acquisition, Troika turned to Blue Torch Capital, a direct lender specializing in micro-cap companies.
  • They are piling into stocks with high short interest – in other words, companies where many shares are being used to bet against the stock – with the intention of setting off a short squeeze.
  • The company attributed this move to uncertainties in crypto regulation, signaling a strategic reevaluation of its involvement in non-core ventures.
  • Lemonade is using big data analytics and artificial intelligence to disrupt the insurance sector.

Eric Adams’ Office Threatens to Sue Trump WH Over $80M in Migrant Funds

However, Saylor is not involved in GameStop’s discussion about crypto investments at this time, two of the sources said. As the world moves towards an all-electric future, companies like Blink Charging will become a permanent fixture in investment portfolios. The company’s annual revenue grew 126% to $6.2 million in 2020.

Five Stocks that Could be The Next GameStop

The ad tech firm currently trades for a roughly $100 million market capitalization, valuing its shares at about 0.3X price-to-sales (P/S). That’s the same as GameStop’s valuation immediately before its short squeeze and about eight times lower than the average U.S. firm. In other words, it’s a siren’s call for deep-value investors looking for enormous returns. Whether external factors like a prospective cryptocurrency bull market provide more retail investors with the confidence and liquidity to once again embrace meme stocks like 2021 remains to be seen. However, it’s certainly worth tracking these strong meme prospects that hold plenty of potential to pop in the year ahead.

The news puts the stock on track to make its first gain in 2024 and could make its sub-$500 million market capitalization attractive for meme investors. Furthermore, the stock already experienced a boost from meme investors as the firm began flying its first commercial passengers into space in June 2023. Though many ideas undergirding fast-moving Reddit stocks have been predictable, it’s important to remember that no one market community is a monolith. Within the same social media thread, you’ll find ample discourse and debate.

Due to being structured as a REIT, iStar has always been very popular with income investors. By law, REITs must give at least 90% of their taxable income to shareholders to maintain their tax-exempt status. But the healthy distribution is not the only reason you should invest in this one. STAR has outperformed its sector significantly, with 128% growth in the last five years.

The return on highly shorted stocks is currently the highest ever recorded, he said. Still, the rally of heavily shorted stocks has taken place against a «backdrop of very low levels of aggregate short interest,» he added, though noted there could still be significant losses for hedge funds. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. However, it’s also possible that virtual currencies won’t collapse like other bubbles in market history. Because of the mainstream attention that this recent rally (that’s probably about to end) generated, it’s possible that the sentiment may have reached critical mass.

Since its core video game and collectibles business has now become little more than a side gig, like Microstrategy’s software sales and licensing operations, it stands to reason that it could follow its lead. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. Companies considering adding bitcoin to their balance sheet would be following in the footsteps of MicroStrategy. That company, recently rebranded to Strategy, has bought billions of dollars worth of bitcoin in recent years, effectively transforming from a software stock to a bitcoin holding vehicle. The retailer could decide not to follow through with the investments.

Those who believe that streaming is not the same as walking into a theater with popcorns and watch a film have vowed not to see it go down without a fight. They posted on Twitter that they would save AMC and they stuck to their word. AMC was headed for bankruptcy, but Reddit users came to its rescue with the share price rising by more than 200%. Like people bought GameStop stock resulting in the share value going up significantly, AMC experienced the same.

InflaRx has been at the forefront in the development of anti-C5a antibody named vilobelimab. On January 11, 2021, the company announced that it plans to carry out a study to evaluate how vilobelimab in combination with another drug could affect patients with squamous cell carcinoma. As a result, InflaRx has been getting many buy recommendations but never a consensus. Regardless, the future seems very promising with a target price of $15 from the current average of $10.50. It could behave like GameStop by surging 161% in 2022 before going up further by 273% in the following year. Faizan Farooque is a contributing author for InvestorPlace.com and numerous other financial sites.