Gores Metropoulus (GMHI) is an acquisition company sponsored by the global investment firm The Gores Group. The stock was in focus earlier this week on reports Luminar, a leader in the development of autonomous car technology, has entered an agreement to merge with Gores Metropoulos. The combined company will retain the name Luminar Technologies and trade under the ticker LAZR.
News of the merger sparked a surge of interest in GMHI and the stock was among the most researched by retail investors earlier this week, as this little-known name moved into the spotlight and investors tried to assess whether the new combined company has the potential of becoming another Tesla (TSLA). Cancer Genetics (CGIX) and Viveve Medical (VIVE) have seen a notable surge in traffic from retail investors as well, while gas production, furniture stores, and catalog stores are trending higher among industry groups.
Meanwhile, Tonix Pharmaceuticals (TNXP)—a smallcap biotech name that has doubled in value since June—has seen the greatest increase in interest among financial advisors in recent days. Salesforce (CRM) also saw an uptick in interest from FAs heading into this week’s blowout earnings report. Lastly, ag stocks, broadcasting, and healthcare REITs are the industry groups seeing the greatest increase in engagement among advisors.
Please find below the rankings of stocks that saw notable jumps in interest among retail investors and financial advisors, followed by the industry groups that are trending this week as well.
Top Stocks by Increase in Retail Investor Traffic (Past 2 days vs. 7-day daily average):
Rank | Ticker | Company |
3 | CGIX | Cancer Genetics |
2 | VIVE | Viveve Medical |
1 | GMHI | Gores Metropoulos |
Top Stocks by Increase in Financial Advisor Traffic (Past 2 days vs. 7-day daily average):
Rank | Ticker | Company |
3 | ADMA | Adma Biologics |
2 | CRM | Salesforce |
1 | TNXP | Tonix Pharmaceuticals |
Top Stocks by Increase in Retail Investor Traffic (Past 2 days vs. 7-day daily average):
Rank | Industry Group |
3 | Catalog and Mail-Order Houses |
2 | Furniture Stores |
1 | Gas Production and Distribution |
Top Industry Groups by Increase in Financial Advisor Traffic (Past 2 days vs. 7-day daily average):
Rank | Industry Group |
3 | Agricultural Inputs |
2 | Broadcasting |
1 | REIT-Healthcare Facilities |
Rank (Verified FA Traffic) | Top Stock Tickers by Increased Traffic Among Retail Investors (2-Day Increase Over Previous 7 Days) | Top Stock Tickers by Increased Traffic Among Financial Advisors (2-Day Increase Over Previous 7 Days) | Top Industry Groups by Increased Traffic Among Retail Investors (2-Day Increase Over Previous 7 Days) | Top Industry Groups by Increased Traffic Among Financial Advisors (2-Day Increase Over Previous 7 Days) |
1 | GMHI | TNXP | Gas production and/or distribution | REIT – Healthcare Facilities |
2 | VIVE | CRM | Furniture stores | Broadcasting |
3 | CGIX | ADMA | Catalog and mail-order houses | Agricultural Inputs |
4 | BRQS | MBIO | Computer facilities management | Medicinal and botanicals |
5 | ALID | ONTX | Medical and hospital equipment | Services-Computer Programming, Data Processing, Etc. |
6 | VSQTF | DPHC | Motion picture and tape distribution | Gambling |
7 | BWAY | SBUX | Refrigeration & Service Industry Machinery | Telephone and telegraph apparatus |
8 | SINX | PYPL | Leather & Leather Products | Diversified Industrials |
9 | LUSI | TLSA | General Industrial Machinery & Equipment | Computer integrated systems design |
10 | SGLB | SOLO | Petroleum refining | Staffing & Outsourcing Services |
11 | FTSI | SUNW | Machine tool accessories | Communications equipment, misc |
12 | CNSP | BBY | Transportation equipment and supplies | Pay TV |
13 | ODT | ZYNE | Specialty hospitals, except psychiatric | Packaging & Containers |
14 | RASP | BA | Metal barrels, drums, and pails | Restaurants |
15 | FPVD | KIRK | Primary Smelting & Refining of Nonferrous Metals | Auto Parts |
16 | ORTX | TWTR | Advertising, misc | Management consulting services |
17 | CBBT | SPOM | Dolls and stuffed toys | Other Industrial Metals & Mining |
18 | PPSI | MGM | Nonferrous Foundries (Castings) | Personal Services |
19 | IPSI | PANW | Laundry and garment services | Airlines |
20 | RVNC | GM | Railroads, line-haul operating | Medical Care Facilities |