Unveiling Market Trends: Tracking Twitter to Trade Smart

In today’s digital landscape, savvy investors are turning to unconventional data sources like social media to sniff out stock market opportunities. Twitter, being a hub of real-time public discourse, has proven to be a gold mine for those looking to gauge company performance and public sentiment.

Gleaning Insights from Follower Trends

Analyzing the Twitter follower count and engagement levels is more than a pop-culture metric; it's a strategic move. An uptick in followers can correlate with increased brand visibility and heightened investor awareness. For instance, abrdn UK Smaller Companies Growth Trust's [stock 8% follower swell suggests growing investor interest, despite a 1% dip in stock price this week. Conversely, a shrink in the follower base, such as the 6.8% drop Biomea Fusion witnessed, might raise eyebrows about potential issues, even though its stock climbed 6%. This indicates a disconnect which could lead to volatile stock movements.

Impact on Stock Performance

While follower gains impacted stocks variably last week - with abrdn rising 1% and Dunedin Income Growth climbing too - not all movements align neatly. Sharp follower losses for GreenRoc Mining matched a weaker stock performance, while other stocks like Kazera Global defied the trend with a 12% surge. These cross currents reveal that while Twitter trends can be telling, they shouldn't be the sole indicator for investments. Instead, they provide a useful piece of the puzzle for investors aiming to capture the zeitgeist of the market and potentially predict its next move.

Top Growing Public companies on Twitter

Company Twitter Followers Price AI Score
abrdn UK Smaller Companies Growth Trust abrdn UK Smaller Companies Growth Trust
AUSC.L
13,468
8%
£494.905
1%
5
abrdn abrdn
ABDN.L
13,464
7.9%
£139.4
1.1%
4
Dunedin Income Growth Investment Trust PLC Dunedin Income Growth Investment Trust PLC
DIG.L
13,451
7.8%
£276
1.4%
7
abrdn Asia Focus abrdn Asia Focus
AAS.L
13,450
7.8%
£283
0.7%
5
abrdn European Logistics Income abrdn European Logistics Income
ASLI.L
13,450
7.8%
£57.302
0.5%
3

Bottom Growing Public companies on Twitter

Company Twitter Followers Price AI Score
Biomea Fusion Biomea Fusion
BMEA
8,013
6.8%
$6.93
6.1%
4
Time Finance Time Finance
TIME.L
1,012
1.6%
£58.5
0.8%
5
Kazera Global Kazera Global
KZG.L
2,363
1.5%
£1.185
11.7%
6
Kenvue Kenvue
KVUE
1,490
1.5%
$24.24
1.8%
7
GreenRoc Mining GreenRoc Mining
GROC.L
1,741
1.2%
£1.6
5%
4

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