Jan 18, 2022 - Stuart Mooney
This report will cover information about CENN news, information about their stock, and information about the size and quality of the CENN Reddit, Twitter, and StockTwits communities.
To continue your own research on the social sentiment of this stock, or any other stocks, check out the Utradea Social Sentiment Dashboard for advanced insights and analytics to get you started.
CENN announced the change of its NASDAQ trading symbol to CENN from NAKD. Right after the announced on January 13th, the stock became Bullish in the after-hours gaining 5.36% in stock. Moreover, the close of NAKD resulted in the company to change its name to Cenntro Electric Group Limited. Both company was led by the same CEO and chairman Peter Wang and now includes the former CEO and chairman of NAKD, Justin Davis-Rice. Finally, the next day ( Friday January 14, 2022 ) after the announcement on Thursday the company start to trade under the new ticker symbol, CENN.
The NAKD community on Reddit has now vanished from Reddit, however, when you visit the old NAKD subreddit, they direct you to r/CENNstock. So, this analysis will focus on this subreddit (for their merger with Cenntro, hence CENN).
The CENN Reddit community is new and hence they are small; however, they are somewhat active when considering their size. Overall, I think this is a new community that has a lot of room to grow, and currently there is not too much bad that I have to say about them. This has led me to rating the CENN Reddit community a 7/10
There is a CENN Stock Forum on Stocktwits, where the members can post messages about CENN.
The CENN Stocktwits community is very large; however, their relative posting volume is low but sufficient. Overall, I think this community can get very active when there is hype around their stock, which should be the case later this month as they close on the merger. This has led me to rating the CENN Stocktwits chat an 8/10.
Overall, the CENN mentions/community on Twitter is quite large, however, the community is very large and active for being such a new stock/community (ranks #98 on Twitter over the past 24 hours, and #81 over the past 72 hours). Furthermore, there are numerous sizable accounts that posts about CENN, which can draw new eyes to the stock. I find the posts on Twitter about CENN to have more news about the stock, which is good. This has led me to rating the CENN Twitter a 9/10.
Summary of CENN Stock and Community:
The CENN subreddit has disbanded and has “re-branded” into r/CENNstock, and there are challenges/cons that have come with this. However, the CENN Stocktwits community is quite active, and the CENN Twitter community is not active as much and has low quality posts. Overall, I would rate the CENN online community and 7/10.