Social Media Stocks To Add to Your Watchlist – August 7th

Sprout Social, Trump Media & Technology Group, and Strive are the three Social Media stocks to watch today, according to MarketBeat’s stock screener tool. Social media stocks are shares of publicly traded companies whose primary businesses involve social networking platforms, online communities, or digital communication services. For investors, these stocks represent ownership in companies that typically generate revenue through advertising, subscriptions, data-driven services, or e-commerce and may be influenced by user growth, engagement, competition, and regulatory changes. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Sprout Social (SPT)

Sprout Social, Inc. designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action.

Trump Media & Technology Group (DJT)

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Strive (ASST)

Asset Entities Inc., a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.