Uncovering Market Momentum: How TikTok Followers Influence Stock Trading

In today's digital era, social media platforms like TikTok have become unexpected treasure troves for stock market opportunities. Savvy investors are now tracking TikTok follower trends to gauge brand popularity and consumer engagement, which can often presage shifts in a company's stock price. Let's explore how follower fluctuations on TikTok can spotlight potential stock movements.

Top Performers on TikTok

Brands with surging TikTok followers can indicate a burgeoning market presence. Lotus Bakeries NV, for instance, saw its followers increase by 20% in the last week. Despite Lotus's stock dipping slightly by 1%, this social media traction could forecast long-term gains. Similarly, Interparfums SA and Sporting Clube de Portugal relate growth in followers to heightened brand visibility, even when short-term stock movements reflect a decline. These positive social signals suggest potential for future appreciation.

Follower Losses and Stock Implications

Conversely, companies witnessing a decline in TikTok followers, like Virgin Money UK PLC and NÜRNBERGER Beteiligungs AG, might be hinting at a loss of consumer mindshare, which could eventually impact their stock performance. Although these companies' stock prices remained steady or increased in the past week, a persistent drop in social media engagement may prelude negative investor sentiment or decreased revenue prospects.

Investing by evaluating social media dynamics is not without risks, as various external factors can influence stocks. However, TikTok follower statistics serve as an additional, valuable layer of analysis for those willing to delve into the new age of data-driven trading.

Top Growing Public companies on TikTok

Company TikTok Followers Price AI Score
Lotus Bakeries NV Lotus Bakeries NV
0F4O.L
29,500
19.9%
€11860
1.3%
7
Interparfums SA Interparfums SA
ITP.PA
366,900
12.8%
€39.4
2.6%
5
Sporting Clube de Portugal - Futebol, SAD Sporting Clube de Portugal - Futebol, SAD
SCP.LS
2,800,000
12%
€1.01
1%
5
Mattel Mattel
0JZH.L
11,500
11.7%
$18.979
5.9%
6
Peugeot Invest Société anonyme Peugeot Invest Société anonyme
PEUG.PA
36,300
8.7%
€72.2
4%
6

Bottom Growing Public companies on TikTok

Company TikTok Followers Price AI Score
Virgin Money UK PLC Virgin Money UK PLC
VMUK.L
11,500
0.9%
£217.6
0%
4
NÜRNBERGER Beteiligungs-AG NÜRNBERGER Beteiligungs-AG
NBG6.DE
2,613
0.5%
€54
0%
4
CarMax CarMax
0HTQ.L
19,100
0.5%
$77.117
5.3%
5
United Utilities Group PLC United Utilities Group PLC
UU.L
1,979
0.4%
£1048.35
1.1%
4
Meier Tobler Group AG Meier Tobler Group AG
0QQK.L
1,358
0.4%
CHF26.8
5.6%
6

The toplists are ordered by change in percentage of the company's TikTok followers over the last week. Only companies with more than 10,000 followers are included.