Tesla leads 10 most-traded retail stocks in 2021 according to Nasdaq
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Natasha Dailey
Jan 7, 2022, 22:33 IST
Associated Press
The Nasdaq Retail Trading Activity Tracker ranked the top 10 stocks among day traders in 2021.
Tesla leads the group, thanks in part to retail traders' love of Elon Musk and EV makers.
Popular exchange-traded funds like Invesco's QQQ also made the list.
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Retail traders made their mark on Wall Street in 2021, and final results are now in.
It started in January, when millions banded together on social media sites like Reddit to drive massive gains in meme stocks like GameStop and AMC. It spread elsewhere in the market throughout the year.
The Nasdaq Retail Trading Activity Tracker found the top 10 stocks among day traders from January 1, 2021 to December 31, 2021, based on the percent of total retail activity. Here they are:
Share of total retail trading activity: 1.7% 12-month stock performance: 25%
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This popular fund is the official ETF of the National Collegiate Athletic Association and has helped young investors get started with a new computer game that teaches them keys to financial success.
Share of total retail trading activity: 2.2% 12-month stock performance: 1,037%
AMC is perhaps one of the most well-known meme stocks. Its CEO Adam Aron has capitalized on retail-trader hype through social media, investor perks, and even NFT offerings.
Share of total retail trading activity: 3.9% 12-month stock performance: 36%
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In the new year, Apple became the first US company to cross the $3 trillion market capitalization level. It has since fallen back below that threshold.
Share of total retail trading activity: 4.5% 12-month stock performance: 42%
Retail traders love EV makers, and they love Tesla CEO Elon Musk. He has been an icon for the retail community, partially because of his Twitter account. He's also led his carmaker to become one of the most valuable publicly traded companies in the world.
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