Social Media Stocks Worth Watching - August 19th

Key Points

• Vertiv, Shopify, and Bullish are highlighted as key social media stocks to watch due to their recent high trading volumes.
• Vertiv Holdings Co. specializes in digital infrastructure technologies for various sectors, including data centers and communication networks.
• Shopify Inc. provides a comprehensive commerce platform that enables merchants to manage sales across multiple channels, including social media.

Vertiv, Shopify, and Bullish are the three Social Media stocks to watch today, according to MarketBeat's stock screener tool. Social media stocks are equity shares of publicly traded companies that operate online platforms where users create, share and interact with content—examples include Meta (Facebook), Twitter and Snap. Their market value is driven largely by metrics such as user growth, engagement levels and advertising revenue, and is sensitive to factors like data-privacy regulations, platform innovations and shifts in online behavior. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Read Our Latest Research Report on VRT

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

Read Our Latest Research Report on SHOP

Bullish (BLSH)

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

Read Our Latest Research Report on BLSH

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