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GameStop and Electric Vehicle Companies Continue to Dominate the Markets

🎮 Biggest Ripper ➡️ After months of talking about GameStop, we are happy to say: “we told ya so.” $GME has gone on an 800% run since it was first featured on our Rippers list. It was also featured on our website in November, where we broke down why it was ripping and why we were skeptical. Despite our reservations, retail traders have sent $GME on a 100% rise in the last trading week. We’ll be watching it in the week ahead to see what’s next.

🔌 Last week ➡️ Electric vehicles, solar, lithium, and charging companies have become a staple of the stock market over the last year because of stocks like $TSLA and $ENPH. Some of our biggest Rippers of last week continued the ‘green energy’ craze in SPACs. $CLII, a SPAC taking an EV network public in a reverse merger, ran over 65% on Friday. They were joined by $CCIV, another SPAC dominating discussion since they might acquire electric vehicle company Lucid Motors. $CCIV doubled in the last week.

📈 Coming up ➡️ We’re watching two IPOs this week. Qualtrics goes public Jan. 28 under the ticker $XM. Qualtrics is one of the biggest players in business intelligence and analytics and helps companies collect and assess data. We’ll also be watching the lesser-known agriculture solutions company Agrify. $AGFY hopes to target the indoor farming market, which has had a lot of success stories on markets in the last year.

Noah Weidner

Noah Weidner is a restless self-starter with a vehement interest in all things that make the world go around: culture, politics, economics and all the people in between. He writes the Bullish Rippers series and covers other interesting trends and happenings at Bullish.

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