Investors Lack Excitement Around the MMAT Stock

Utradea
2 min readAug 7, 2022

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Over the past couple of years, some “Social Sentiment Stocks” emerged like GME and AMC, these stocks skyrocketed based on their social sentiment. As a result, many people have started to track the social sentiment behind stocks.

Currently, there are 2 discussion boards that influence MMAT’s social sentiment more than others; MMAT Stocktwits and MMAT Twitter.

The Utradea Social Sentiment Dashboard allows you to track real-time data for Meta materials inc. discussions and Meta materials inc. conversations.

MMAT Stocktwits Loses Traction

24-Hour analytics from the MMAT Stocktwits forum:

  • 236 Posts (down -58.3% day over day)
  • 1,008 Likes (down -52.34% day over day)
  • 152.96k Impressions (down -51.92% day over day)

The sentiment within the MMAT StockTwits community is down 50–60% across the board. This is not great news as it seems as though it may stem from a lack of recent news and potentially a lack of price action (price is flat over the past 5-Day period).

MMAT Twitter Sentiment Better but not Great

Here are the latest analytics from the MMAT Twitter community (over the last 24hrs):

  • 257 Tweets (up 26.6% day over day)
  • 4,794 Likes (up 10% day over day)
  • 250.8k Impressions (down -52.16% day over day)

The fact that the posting volume is up in the MMAT Twitter community is great. However, an increase in posting volumes while having a large decrease in impressions is useless. The fact that the impressions fell so much despite this increase is a little worrying. Additionally, by tracking the tweets of the largest Twitter accounts posting about the MMAT stock, I found that there was no consensus or main idea that was being tweeted by multiple accounts, rather, the posts were quite random (maybe due to a lack of news)

Final Thoughts

Overall, the MMAT Stocktwits and MMAT Twitter communities have been losing sentiment quickly. If you want to track MMAT’s sentiment we suggest getting familiar with the Utradea Social Sentiment Dashboard, to quickly stay up-to-date with all aspects of MMAT’s social sentiment.

Originally published at https://utradea.com.

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Utradea
Utradea

Written by Utradea

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