Information is our nourishment. Say hello to the data gods.
Meet Our Team
Consumers speak. We listen, analyze, and dig deep. You win!
Learn More
Receive alerts and reports to power your fund management. Partner with our team of analysts to take your research to the next level.
Learn More
Plug our consumer-demand-data directly into your client-facing software, tools, and platform or work with us to create custom, high-value content your customers will love.
Learn More
Testing our data is like jumping in a time machine to compare market gains and losses against reliable and annotated historical data.
Learn More
Track specific tickers, receive alerts, and watch sector-specific trends. Drill down on individual stocks and see where consumer sentiment aligned with gains and losses in trading.
Learn More
Who We Serve
LikeFolio is your research secret weapon to sniff out game-changing shifts in the market before they happen.
Learn More
LikeFolio is source of quantitative data based upon real consumer insights to power your investment engine.
Learn More
LikeFolio is your content pipeline positioning your tool as an indispensable resource to your customers.
Learn More
LikeFolio has partnered with Tradesmith to build Derby City Insights and bring our powerful insights engine to private investors.
Learn More

Can this Forgotten Meme Stock Return to the Moon? ($NOK)

July 14, 2021

Can this Forgotten Meme Stock Return to the Moon? ($NOK)

GameStop ($GME) changed everything when the reddit-driven stock soared to unthinkable levels earlier this year, and AMC ($AMC) has since proved that it wasn’t a singular phenomenon…Can the apes on r/Wallstreetbets send a 3rd stock to the moon?

The heavily-shorted communications service provider, Nokia ($NOK), received unprecedented volume during the initial January squeeze event – The day before GME hit its ATH, NOK shares topped out at a modest +145% YTD gain before promptly crashing back to earth.

Still, elevated investor chatter clearly shows that WSB hasn’t forgotten about Nokia… Mentions are trending +1054% YTD on a 7-day moving average.

The stock has put on gradual but impressive gains over the past 4 months, an indication that the “diamond hands” investment team is still in play.

It’s likely that the largest shorts have already cleared out of this name, but with the 7-day trendline holding above 200 mentions per day, we can’t count this “meme stock” out as a potential long-term gainer based on hype alone.

Related Posts

Lululemon eCommerce mentions are booming after a strong Holiday season

Lululemon (LULU) As we prepped this chart for send today […]

Read More
Polaris off-road vehicle demand is ramping

Polaris (PII) Polaris has reported greater-than-anticipated demand for its powersports products (ORVs, Snowmobiles, […]

Read More
DOGE is no joke...right?

GameStop...and Dogecoin The saga of the GameStop (GME) squeeze has […]

Read More
1 2 3 5

Related Posts


Get FREE insights in your inbox every week with the Daily Drop.

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

Partner Sites

© 2024
 LikeFolio. All Rights Reserved.
Privacy Policy
Terms of Use
LikeFolio userslaptop-phonepie-chartselect