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Wed, April 5 at 4:00PM ET

6 Top Stocks Rising on Google Trends This Week: ALLG, GME, NKE, MULN, SNDL and BA

We’re checking in on investors’ favorite stocks with the top ones rising through the trends on Google this week.

A close-up shot of an electric vehicle plugged into an Allego (ALLG) charger representing Top Stocks Rising on Google Trends This Week

Source: szmuli / Shutterstock.com

There’s plenty of reason for traders to take interest in these stocks. It’s been a busy week with plenty of news to talk about.

Let’s go over that below!

Top Stocks Rising on Google Trends This Week: Allego

Allego (NYSE:ALLG) stock is on investors’ minds this week for a couple of reasons. First off, it recently completed a special purpose acquisition company (SPAC) merger with Spartan Acquisition. An 8K filing revealing a 98% redemption rate during the merger vote is also helping shares out.

Top Stocks Rising on Google Trends This Week: GameStop

GameStop (NYSE:GME) shares join the list with the first bit of news being chairman Ryan Cohen buying 100,000 shares of the company’s stock. In addition to that, plans for its non-fungible token (NFT) marketplace were revealed.

Top Stocks Rising on Google Trends This Week: Nike

Nike (NYSE:NKE) is also among the stocks to watch this week. That’s due to the sports apparel company releasing its earnings report for its fiscal third quarter of the year. It’s worth noting NKE beat out analysts’ estimates.

Top Stocks Rising on Google Trends This Week: Mullen Automotive

Mullen Automotive (NASDAQ:MULN) stock also makes the list of top stocks to watch with shares quickly rallying earlier this week before consistent drops since then. A recent short squeeze was behind the rise, with news of CEO David Michery selling stocks causing the later decline.

Top Stocks Rising on Google Trends This Week: Sundial Growers

Sundial Growers (NASDAQ:SNDL) has been taking off this week as three groups of investors push it higher. The first is marijuana investors, which bumped it up on merger news in the sector. Second, we’re meme stock traders rallying some of their favorite shares. Finally, the stock rallied alongside other penny stocks this week.

Top Stocks Rising on Google Trends This Week: Boeing

Boeing (NYSE:BA) stock closes out our list with shares down overall this week. That’s due to news of one of its planes crashing in China. BA shares did start to recover from the fall but haven’t climbed back to pre-crash prices.

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks. 

Read More:Penny Stocks — How to Profit Without Getting Scammed

Article printed from InvestorPlace Media, https://investorplace.com/2022/03/6-top-stocks-rising-on-google-trends-this-week-allg-gme-nke-muln-sndl-and-ba/.

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