Investors often look for unique indicators to gauge market sentiment and corporate health. In the digital age, one such indicator is a company’s mobile app downloads. This trend can provide insights into consumer engagement, brand popularity, and even potential revenue shifts, all of which are valuable for finding stock trading ideas and market opportunities. Let's explore this connection and highlight some recent top and bottom performers in the app stores.
Top Performing Companies
Krispy Kreme has seen a surge in its mobile app downloads, with an additional 28,146 users in the last week. This uptick coincides with a slight 1% stock price increase, suggesting positive market reception. Similarly, Blink Charging experienced a rise in user engagement with 14,666 new downloads, accompanying a 2% stock price hike. These patterns underscore how rising app popularity can signal growing consumer interest and potentially lead to improved financial performance.
Bottom Performing Companies
Conversely, companies like Toyota Motor Corporation and Expensify, which saw notable declines in their app downloads by 88% and 82%, respectively, present a more complex picture. While Toyota's stock dipped by 5%, Expensify’s went against the trend with an 18% rise. Such scenarios highlight that, while app downloads are a significant metric, they must be considered within a broader context of market conditions and company fundamentals.
In conclusion, tracking mobile app downloads offers a valuable window into corporate performance and can indicate shifts in consumer behavior. As investors blend traditional analysis with these modern metrics, they cultivate a more comprehensive view of the stock market’s ever-changing landscape.
Top Growing Public companies (app downloads)
| Company | App Downloads | Price | AI Score | |
|---|---|---|---|---|
 |
Krispy Kreme DNUT |
103,947 28146.5% |
$10.99 1.5% |
4 |
 |
Schneider Electric S.E. SND.DE |
1,687 4586.1% |
€239.35 0.5% |
6 |
 |
GUESS GES |
1,965 1865% |
$16.39 1% |
5 |
 |
BurgerFi BFI |
4,169 1644.4% |
$0.083 0% |
4 |
 |
Blink Charging BLNK |
36,306 1465.6% |
$1.56 1.6% |
4 |
Bottom Growing Public companies (app downloads)
| Company | App Downloads | Price | AI Score | |
|---|---|---|---|---|
 |
Cava CAVA |
1,290 98.9% |
$141.2 0% |
6 |
 |
Toyota Motor Corporation TYT.L |
22,399 88.1% |
¥2600 4.8% |
6 |
 |
Advance Auto Parts AAP |
9,407 84.6% |
$44.44 15.4% |
3 |
 |
El Pollo Loco LOCO |
9,773 82.8% |
$12.63 5.4% |
5 |
 |
Expensify EXFY |
4,782 82.4% |
$3.27 18.1% |
5 |
The toplists are ordered by change in percentage of the company's app downloads over the last week. Only companies with more than 1000 app downloads are included.
