Social Media Stocks To Follow Now – August 14th

Bullish, Shopify, Vertiv, Expedia Group, and GoDaddy 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 primary business is operating online social networking platforms (for example, Facebook, Twitter or Snapchat). These companies generate most of their revenue from digital advertising, subscription services and data-driven partnerships, with performance closely tied to user growth and engagement metrics. As a result, social media stocks can be particularly sensitive to changes in privacy regulations, ad-spend trends and shifts in platform usage. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Bullish (BLSH)

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

Shares of BLSH traded up $5.80 during mid-day trading on Thursday, reaching $73.80. The company had a trading volume of 27,822,190 shares. Bullish has a fifty-two week low of $68.00 and a fifty-two week high of $118.00.

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.

Shares of NYSE SHOP traded down $4.94 during midday trading on Thursday, hitting $145.15. The company’s stock had a trading volume of 6,277,760 shares, compared to its average volume of 10,473,019. The firm’s fifty day moving average price is $120.13 and its 200-day moving average price is $108.72. The firm has a market cap of $188.31 billion, a P/E ratio of 93.75, a P/E/G ratio of 4.82 and a beta of 2.63. Shopify has a 1-year low of $65.86 and a 1-year high of $156.85.

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.

Vertiv stock traded down $5.32 during midday trading on Thursday, reaching $132.08. 5,133,677 shares of the stock traded hands, compared to its average volume of 9,315,979. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The firm has a fifty day moving average price of $127.37 and a two-hundred day moving average price of $104.81. The firm has a market cap of $50.44 billion, a price-to-earnings ratio of 63.16, a PEG ratio of 1.27 and a beta of 1.77. Vertiv has a fifty-two week low of $53.60 and a fifty-two week high of $155.84.

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.

Expedia Group stock traded down $0.67 during midday trading on Thursday, reaching $209.01. 1,405,671 shares of the stock traded hands, compared to its average volume of 2,123,317. The company has a current ratio of 0.75, a quick ratio of 0.73 and a debt-to-equity ratio of 2.14. The firm has a fifty day moving average price of $178.64 and a two-hundred day moving average price of $173.28. The firm has a market cap of $26.57 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 1.01 and a beta of 1.61. Expedia Group has a fifty-two week low of $126.46 and a fifty-two week high of $213.00.

GoDaddy (GDDY)

GoDaddy Inc. engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.

Shares of NYSE GDDY traded up $1.40 during midday trading on Thursday, reaching $144.72. The company’s stock had a trading volume of 1,698,839 shares, compared to its average volume of 1,575,126. The company has a market cap of $20.62 billion, a price-to-earnings ratio of 25.85, a price-to-earnings-growth ratio of 1.52 and a beta of 1.08. The company has a current ratio of 0.64, a quick ratio of 0.56 and a debt-to-equity ratio of 9.33. The company has a 50 day moving average price of $168.91 and a 200 day moving average price of $178.46. GoDaddy has a one year low of $132.51 and a one year high of $216.00.