In the ever-evolving landscape of stock market forecasting, social media trends have become vital indicators for trading ideas and market opportunities. Investors monitoring TikTok follower counts are tapping into a wealth of consumer sentiment data, offering insights into brand popularity, product traction, and potential impacts on stock performance.
The TikTok Effect on Stocks
The spotlight is on companies with surging TikTok followers. Tripadvisor, boosting its follower base by 52%, saw its stock climb by 6%. Similarly, The RealReal experienced a 52% follower increase and an impressive 18% stock jump. LVMH's follower swell of 36% led to a modest 1% stock rise. Noteworthy too is Visa, with a 34% increase in followers, though its stock remained steady. Lastly, Sonos enjoyed a 10% bump in TikTok followers, correlating with a 4% uptick in their stock value.
Follower Fluctuations and Stock Performance
On the flip side, companies losing TikTok followers can signal caution. Admiral Group's slight 0.9% drop in followers contrasts with a 1% stock increase. Robert Half saw a 0.5% dip in followers, mirroring a static stock price. Despite a 0.5% decrease, Kaspi.kz's and technotrans SE's stocks rose by 1% and 4%, respectively. Coty Inc also faced a 0.5% slip in TikTok following, yet its stock price did not fluctuate. Clearly, while TikTok trends can offer insights, they are one of many factors that can influence stock performance.
Top Growing Public companies on TikTok
| Company | TikTok Followers | Price | AI Score | |
|---|---|---|---|---|
 |
Tripadvisor 0QZS.L |
44,400 52.1% |
$14.755 6% |
6 |
 |
The RealReal REAL |
31,000 52% |
$10.93 17.8% |
7 |
 |
LVMH Moët Hennessy - Louis Vuitton, Société Européenne MOH.DE |
889,800 35.5% |
€633.1 0.7% |
6 |
 |
Visa Inc. 3V64.DE |
48,400 34.4% |
€302.9 0.1% |
6 |
 |
Sonos 0ZFN.L |
38,500 10.3% |
$15.101 3.5% |
5 |
Bottom Growing Public companies on TikTok
| Company | TikTok Followers | Price | AI Score | |
|---|---|---|---|---|
 |
Admiral Group ADM.L |
11,300 0.9% |
£2644 0.8% |
5 |
 |
Robert Half International Inc. 0KX9.L |
19,100 0.5% |
$71.069 0.1% |
5 |
 |
Joint Stock Company Kaspi.kz KKS.F |
64,900 0.5% |
€94.5 1.1% |
7 |
 |
technotrans SE TTR1.DE |
1,089 0.5% |
€18.6 4.2% |
4 |
 |
Coty Inc. 0I4A.L |
22,000 0.5% |
$6.975 0.4% |
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.
