- Tesla is the most Googled stock searched for in Europe and is the top-searched in 28 countries.
- AMC comes in second and is the most popular stock searched for in five countries.
- Nio was the most popular stock in four countries and came the third most popular overall.
New search volume research conducted by Finnish casino review site Bonusetu.com has revealed the most popular stocks searched for in European countries. The research analyzed Google Trends data to determine the most popular stocks in each country.
According to the research, Tesla Inc (NASDAQ: TSLA) is the most popular stock searched for in Europe, claiming the top spot in 28 countries. The company receives 71% of the highest search traffic dedicated to the automotive and clean energy company.
Of the 28 countries in which Tesla is the most popular, Sweden, Netherlands, Denmark, and Finland make up almost half of all Tesla searches, with Sweden coming out on top, producing 17% of all Tesla searches.
Tesla stock currently sits at one of its lowest share price since December 2020, with its next earnings report coming up on January 25th, 2023, leaving investors wondering what the future holds.
Coming in second place is AMC Entertainment Holdings Inc (NYSE: AMC), which is the most popular Googled stock in five countries.
Despite almost reaching an all-time low from its spike of $59.26 achieved in June 2021, AMC remains popular among retail investors. The company is the most searched for stock in the UK, Germany, Ireland, Croatia, and Liechtenstein.
Of the countries in which AMC appears as the top searched stock, the UK and Germany show a keen interest, with the UK contributing 74% of the top AMC stock searches and Germany accounting for 17%.
In third place is Nio Inc (NYSE: NIO), the Chinese multinational automobile manufacturer headquartered in Shanghai.
The company has gained popularity over the past few years and is the most searched for stock in four European countries, with Romania contributing 64% of all Nio’s top searches.
Other popular stocks include Virgin Galactic, EPAM Systems, Icelandair, and GameStop, all of which were the top searched for stock in only one country.
GameStop Corp. (NYSE: GME) was the leading stock searched for in Austria. GameStop reached “meme-stock” status in January 2021 when a Reddit page called “wallstreetbets” gained exposure and encouraged social investing in inflating GameStop’s share price.
Icelands most popular stock is Icelandair Group hf. (ICE: ICEAIR). Icelandair is Iceland’s leading airline. The airline generated its highest-ever passenger revenues exceeding $487 million in Q3 of 2022. According to a recent Iceland air report, the total number of passengers in 2022 reached around 3.7 million, an increase of 146.6% compared to 1.5 million passengers in 2021.
EPAM Systems Inc (NYSE: EPAM) is the most Googled stock in Belarus. EPAM is headquartered in Belarus and was the first Belarusian company to be listed on the New York Stock Exchange (NYSE).
Virgin Galactic Holdings Inc (NYSE: SPCE) is the most searched for stock in Montenegro.
Its December 14th LauncherOne launch may be responsible for Austria’s interest in the American spaceflight company founded by Richard Branson.
The LauncherOne’s failed mission to make the UK the first country to launch satellites into orbit from Europe caused the share price to crash. It’s currently holding around the $5.19 mark (a 59.6% increase from its 52-week low of $3.25.
Commenting on the findings, a spokesperson from Bonusetu.com said:
“We’re living in a time where information and education about investing is more accessible than ever before, and it’s interesting to see how this is reflected in the stocks that people are searching for across Europe. The research highlights the popularity of companies such as Tesla, AMC and Nio among European investors and the interest that certain countries have in these companies.”
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