Social Media Stocks To Follow Today – November 4th

Strive, Trump Media & Technology Group, JOYY, JOYY, Sprout Social, Weibo, and Trump Media & Technology Group are the seven Social Media stocks to watch today, according to MarketBeat’s stock screener tool. Social media stocks are shares of publicly traded companies whose businesses primarily involve social networking platforms, online communities, or user-generated content and digital advertising. For investors, these stocks represent ownership in companies whose performance may be influenced by user growth, advertising revenue, engagement levels, data policies, and competition in the digital media industry. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Strive (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.

NASDAQ:ASST traded up $2.51 during trading hours on Wednesday, hitting $23.17. The company had a trading volume of 6,318,043 shares, compared to its average volume of 5,580,287. The company has a 50-day moving average of $26.92 and a 200 day moving average of $16.48. The company has a market cap of $1.98 billion, a P/E ratio of -2.62 and a beta of 13.32. Strive has a 1 year low of $7.02 and a 1 year high of $34.40.

Trump Media & Technology Group (DJT)

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Shares of NASDAQ DJT traded down $0.98 during trading on Wednesday, hitting $4.96. 10,399,063 shares of the company were exchanged, compared to its average volume of 4,301,127. Trump Media & Technology Group has a 12-month low of $4.95 and a 12-month high of $17.09. The company has a fifty day moving average price of $8.15 and a 200-day moving average price of $9.27. The firm has a market capitalization of $1.38 billion, a PE ratio of -1.01 and a beta of 1.35.

JOYY (YY)

JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores.

NASDAQ:YY traded down $0.04 on Wednesday, hitting $79.29. The stock had a trading volume of 191,267 shares, compared to its average volume of 523,246. The company has a fifty day moving average price of $79.06 and a two-hundred day moving average price of $68.43. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 23.95 and a beta of 0.21. JOYY has a 1-year low of $30.91 and a 1-year high of $55.30.

JOYY (JOYY)

JOYY Inc., through its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as live talk with other users, make video calls, and watch trend videos; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls, text messages, and photo and video sharing.

JOYY traded up $2.16 during trading hours on Wednesday, reaching $81.45. The company’s stock had a trading volume of 132,700 shares, compared to its average volume of 332,196. JOYY has a fifty-two week low of $54.24 and a fifty-two week high of $85.15. The stock has a market cap of $3.99 billion, a PE ratio of 19.45 and a beta of 0.44. The business’s 50-day moving average is $79.18 and its 200-day moving average is $68.47.

Sprout Social (SPT)

Sprout Social, Inc. designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action.

Shares of NASDAQ SPT traded down $0.69 during midday trading on Wednesday, hitting $11.23. The company’s stock had a trading volume of 946,578 shares, compared to its average volume of 1,380,269. Sprout Social has a 1 year low of $4.92 and a 1 year high of $13.35. The firm has a market capitalization of $680.73 million, a price-to-earnings ratio of -22.24 and a beta of 0.95. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.03 and a quick ratio of 1.03. The business’s fifty day simple moving average is $11.09 and its two-hundred day simple moving average is $8.28.

Weibo (WB)

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People’s Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform.

Shares of WB stock traded up $0.23 during trading hours on Wednesday, reaching $6.53. 520,322 shares of the stock were exchanged, compared to its average volume of 1,115,573. The business’s fifty day moving average is $6.54 and its two-hundred day moving average is $8.13. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.59 and a quick ratio of 3.59. Weibo has a 12-month low of $6.09 and a 12-month high of $11.28. The firm has a market capitalization of $1.60 billion, a P/E ratio of 5.39 and a beta of 0.19.

Trump Media & Technology Group (DJTWW)

Trump Media & Technology Group Corp. develops a social media platform known as Truth Social that offers social networking services in the United States. The company was founded in 2021 and is based in Sarasota, Florida.

NASDAQ DJTWW traded down $0.39 during trading on Wednesday, reaching $3.07. 42,096 shares of the company’s stock were exchanged, compared to its average volume of 27,179. The company has a 50 day moving average price of $4.53 and a two-hundred day moving average price of $4.58. Trump Media & Technology Group has a 1 year low of $2.56 and a 1 year high of $11.45.