Social Media Stocks To Follow Today – May 8th

Shopify, Asset Entities, Vertiv, HubSpot, and Expedia Group are the five Social Media stocks to watch today, according to MarketBeat’s stock screener tool. Social media stocks are shares of publicly traded companies whose core business is operating online platforms for social networking, content sharing or digital communities. Their value is driven largely by user engagement metrics, advertising revenue and emerging monetization models, making them attractive for growth investors but also prone to volatility as trends and regulations evolve. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

Shopify stock traded down $0.90 during midday trading on Thursday, reaching $93.60. 27,727,162 shares of the stock traded hands, compared to its average volume of 9,403,612. The stock’s fifty day moving average is $93.73 and its 200-day moving average is $102.58. The stock has a market cap of $121.20 billion, a P/E ratio of 60.39, a PEG ratio of 4.82 and a beta of 2.66. Shopify has a 12 month low of $48.56 and a 12 month high of $129.38.

Asset Entities (ASST)

Asset Entities Inc., a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.

Shares of ASST traded up $3.69 during midday trading on Thursday, reaching $7.08. 208,485,286 shares of the stock were exchanged, compared to its average volume of 7,215,168. The company has a market capitalization of $101.99 million, a P/E ratio of -3.65 and a beta of 4.84. The company’s 50 day moving average is $0.59 and its two-hundred day moving average is $0.63. Asset Entities has a 52 week low of $0.34 and a 52 week high of $8.69.

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Shares of Vertiv stock traded up $1.04 during midday trading on Thursday, hitting $96.56. The company had a trading volume of 3,962,980 shares, compared to its average volume of 8,989,246. The company has a fifty day simple moving average of $80.10 and a 200 day simple moving average of $106.50. The stock has a market cap of $36.77 billion, a price-to-earnings ratio of 75.44, a PEG ratio of 1.07 and a beta of 1.70. Vertiv has a 12-month low of $53.60 and a 12-month high of $155.84. The company has a quick ratio of 1.02, a current ratio of 1.65 and a debt-to-equity ratio of 1.19.

HubSpot (HUBS)

HubSpot, Inc., together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.

NYSE HUBS traded up $21.39 on Thursday, reaching $665.12. 434,904 shares of the company’s stock traded hands, compared to its average volume of 619,730. HubSpot has a fifty-two week low of $434.84 and a fifty-two week high of $881.13. The firm has a market cap of $35.01 billion, a price-to-earnings ratio of 7,391.04, a P/E/G ratio of 41.44 and a beta of 1.78. The stock has a 50 day moving average price of $587.58 and a 200-day moving average price of $665.18.

Expedia Group (EXPE)

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.

Shares of EXPE traded up $3.94 during trading hours on Thursday, hitting $170.50. The stock had a trading volume of 1,603,579 shares, compared to its average volume of 1,930,647. The firm has a 50-day moving average price of $162.82 and a 200 day moving average price of $175.62. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. Expedia Group has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The firm has a market capitalization of $21.97 billion, a price-to-earnings ratio of 18.84, a PEG ratio of 0.92 and a beta of 1.62.