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Tesla dominated activity on TradeStation’s platform this month, and no other stock even came close.
Elon Musk’s electric car maker had a dramatic turn from bearish to bullish in late 2019, causing its shares to more than double in value. Traders remained active in January, pushing TSLA to the top of our monthly rankings for the first time in at least two years.
It knocked off Roku (ROKU), which was No. 1 the two previous months.
The other big additions to the list were Beyond Meat (BYND) and Ford Motor (F). BYND shot higher on news McDonald’s (MCD) was widening use of its vegan burgers. Closely held rival Impossible Foods also widened its product offering, drawing attention to plant-based meat substitutes.
F didn’t have a lot of news, but it fell on heavy volume as TSLA surged.
Here’s a complete rundown:
The following symbols exited the top 10:
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