Sweetgreen led the chatter on Stocktwits for the most discussed consumer and retail company, with a whopping 4,000% jump in the last 24 hours following its quarterly report.
Retail chatter for Sweetgreen, Expedia Group, and Monster Beverage Corp improved to ‘extremely bullish’ territory on Stocktwits, with message count seeing a massive jump in the last 24 hours, making these three the top-discussed consumer and retail companies. Here’s a look at what is driving the chatter on Stocktwits:
1. Sweetgreen (SG): The retail user message count on the stock witnessed a 4,000% jump in the last 24 hours on Stocktwits following Sweetgreen’s quarterly earnings on Thursday. Retail sentiment on the stock improved to ‘extremely bullish’ territory from ‘bearish’ a day ago, with chatter at ‘extremely high’ levels, according to data from Stocktwits.
Shares of Sweetgreen tumbled nearly 25% in premarket trading on Friday after the company lowered its full-year same-store sales forecast in a sign that dining out continues to see a cautious approach by consumers in the U.S. who are facing higher prices of products due to President Donald Trump’s tariffs.
A user on Stocktwits noted that Sweetgreen was more of an economic downturn story.
2. Expedia Group (EXPE): Retail message count on the stock jumped 3,400% on Stocktwits in the last 24 hours after the travel booking company lifted its annual revenue forecast.
Retail sentiment on Expedia improved to ‘extremely bullish,’ compared to ‘neutral’ a day ago, with chatter at ‘extremely high’ levels, according to Stocktwits data.
Shares of Expedia were up about 17% before the bell as a sharp recovery in business travel demand helped post better-than-expected second-quarter results. A bearish user on Stocktwits said that there would be huge profit-taking once the markets open on Friday.
3. Monster Beverage Corp (MNST): The retail user message count on Stocktwits for Monster Beverage jumped 3,000% over the last 24 hours after the company reported second-quarter results on Thursday. Retail sentiment on the stock was in the ‘extremely bullish’ territory, compared to ‘neutral’ a day ago, with chatter at ‘high’ levels, according to data from Stocktwits.
Shares of Monster Beverage were up nearly 9% at $66.08 in premarket trading after the company’s quarterly results beat analysts’ expectations.
A bullish user on Stocktwits noted that the stock could touch the high 60s during Friday’s trading.
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