what is tiktok stock symbol

We have members that come from all walks of life and from all over the world. We love the diversity of people, just like we like diversity in trading styles. It creates an environment much like a university or college. Also, we provide you with free beaxy exchange review options courses that teach you how to implement our trades as well. Get a daily email with the top market-moving news in bullet point format, for free. I estimate TikTok accounts for around 30% of ByteDance’s total valuation, or about $67 billion.

TikTok Background & Company Information

As ridiculous as this sounds, the app is extremely addictive and shows with its high levels of engagement. Also, unlike many apps, TikTok feels more like YouTube in the early 2000s. There is a lot https://broker-review.org/ of freedom, experimentation, and the ability to use content from the public domain without the fear of copyright infringement. In its most basic form, TikTok is a video-sharing social media app.

The Top 10 TikTok Stocks on the App Right Now

The acronym stands for ‘Initial Public Offering’, it’s a process used by large private companies to raise additional capital. This is done to further invest in the growth of the business or even pay off debt. An IPO creates public awareness, putting the company under the spotlight.

THIS is How to Buy Pre-IPO Stock in 2024 (Pre-IPO Investing Platforms)

This is the money that you’ll use to purchase either KKR or SoftBank Group stock or both. Luckily, most brokers offer various funding options, including bank transfers and credit/debit card payments. You can invest in ByteDance through KKR or SoftBank Group stock—the two global investing firms that own ByteDance.

  1. At a glance, Toutiao delivers personalized content recommendations to every user based on their interests.
  2. There is no assurance that a ByteDance IPO would happen on a US market.
  3. Therefore, sizable dips in the stock price could make for an intriguing long-term play, although investors should note that shares have been volatile on a year-to-date (YTD) basis.

Since about 2019, there have been rumors that TikTok has plans to go public, but it’s anyone’s guess if or when this will happen. Back in 2020, many reported a potential TikTok Global IPO, but those plans have been scrapped. This hasn’t stopped the rumors that there might be a TikTok IPO sooner than later. Highly respected journalists break stories using Twitter, and many people claim that they get news and discussion from the app. The Chinese company Tencent is a tech firm and owner of WeChat (Weixin), another popular app that President Trump tried to ban in the US over national security concerns. If TikTok does go public, you can pick up shares on a trading platform, like Robinhood or Webull.

Users can watch, create, and share 3 to 15-second videos on cell phones. At this point, you’re probably wondering what makes TikTok so special, especially considering the epic failure of its predecessor, Vine. On Public, you can Invest in stocks, ETFs, Treasuries, and cryptocurrencies, all on one of the most well-designed investing platforms.

TikTok Global could make money by selling its algorithms to other companies. Meta’s strong ad revenue and cost-cutting have driven earnings outperformance, with net income up 164%. The parent company of Facebook and Instagram took in $33.64 billion in ad revenue. This demonstrates the company’s ability to grow its top line and manage expenses effectively to boost profitability.

what is tiktok stock symbol

You want to be a successful stock investor but don’t know where to start. However, Tencent Holdings owns a significant stake in Snap Inc. President Trump labeled Tencent’s WeChat as being from the United States and banned it in August 2020.

It took just 9 months for TikTok to reach 100 million users. Now, TikTok is one of just 6 social media apps with more than 1 billion monthly active users. ByteDance is the Chinese company that owns TikTok, a social media platform that has become incredibly popular all over the world. Hankwitz initially turned to Youtube to create stock market content, but realized he wasn’t able to compete with creators who were already established on that platform. He said TikTok is more accessible for new creators, and it’s algorithm enables videos from new creators to go viral. He tells viewers how to find investor presentations, how to look into SEC filings, and how to read a balance sheet and interpret growth metrics.

TikTok is the international version of Douyin, which was launched in 2016 in the Chinese market. In 2017 it was branded TikTok and launched internationally outside China. Even though the apps are similar, they run on separate servers to comply with Chinese censorship restrictions. Our March report reveals the 3 “Strong Buy” stocks that market-beating analysts predict will outperform over the next year. If you want to own Tik Tok stock, buy shares of KKR or SFTBY. However, tensions between the US and China have meant that the IPO of TikTok (and ByteDance, TikTok’s parent company) has been put on hold.

On the surface, the platform has generated a reputation for featuring dance moves and short skits set to music. However, it’s also become a home for people to share investing ideas. That’s according to a 2021 article from the New York Times, which described so-called TikTok stocks as an informational hub for the next generation of investors.

According to a YPulse survey, the vast majority of millennials — 76% of them — are pet parents. Breaking it down, more than half reported having a dog, and 35% own cats. Naturally, with such a robust user base, Petco Health and Wellness https://forex-review.net/liteforex/ is one of the top TikTok stocks. When it comes to absolute rear-end “kickery” among TikTok stocks, few if any touch entertainment giant Disney. Its hashtag features more than 102 billion views, which is simply staggering.

However, keep an eye on the stock’s performance through your brokerage account’s dashboard. Also, remember that stock prices can be volatile, so it’s important to stay informed. Meta is focused on improving user engagement and driving advertising revenue through its platforms. Recently, Meta has also made strategic investments in emerging technologies such as internet infrastructure and artificial intelligence to expand its influence in the digital space further. The positive stock movement reflects the market’s response to the company’s strategies and performance. This upgrade suggests increased investor confidence in the company’s prospects.

At a glance, Toutiao delivers personalized content recommendations to every user based on their interests. More interestingly, this Internet start-up giant uses Artificial Intelligence to claim its foothold in the global social media networks of the world. Besides adding effects like filters, background music, and stickers to their videos, users can also collaborate from different locations across the globe. Most recently, the company has opened a $300 million share repurchase program for employees at a price of $160 per share, implying a $223.5 billion valuation. Regulators in the West have expressed concern that ByteDance may put sensitive user information into the hands of the Chinese government. They also worry that the algorithms in the app may be tweaked to influence public opinion in a way that is favorable to adversarial nations.

Some American brokers allow trading in markets outside of the country. Since buying TikTok or ByteDance stock from the stock market is impossible, investors might have other possibilities to invest in pre-IPO. Robert Ross is senior equity analyst for an investment research company. With a newly-made account, you’ll next need to transfer funds into it.

what is tiktok stock symbol

Allegations of breaking antitrust laws and accusations that the platform contributes to political violence and propaganda have all caused it to come under severe public scrutiny. Despite the outstanding performance of the company, Facebook has been in trouble too many times to count in recent years. Tencent also owns several smaller holdings in mobile and PC gaming companies.

You can buy and sell, date, write blogs, grow fan pages, build groups…the list goes on. Advertising revenue represents over 90% of FB’s revenue, with 50% coming from the US and Canada and 25% from Europe. With gross margins above 80%, Facebook operates at a 40%-plus margin. Your dream has come true for anyone who has ever dreamed of creating duets with their loved ones across the globe.

The bulk of TikTok’s revenue is generated from advertising and in-app purchases. A rapidly growing user base has also led to a massive jump in revenue. It’s a common stereotype that the social media generation is rather self-centered and vain. While this personality characteristic might bother some folks, you can also use it to your advantage when it comes to TikTok stocks.

We also offer real-time stock alerts for those that want to follow our options trades. You have the option to trade stocks instead of going the options trading route if you wish. TikTok is a privately owned Chinese company, and they don’t have a stock symbol. Read on to analyze whether TikTok threatens social media behemoth Facebook and if there’s a TikTok stock. TikTok is 100% owned and controlled by ByteDance, a private Chinese technology company. ByteDance, however, has a number of outside investors, two of which are public companies.

KKR & Co Inc is a public company that currently owns stock in ByteDance through a private funding round. So by buying shares in KKR, you’re getting a piece of the TikTok pie. It’s not a one-to-one investment in TikTok, but it is as close as you can get for now. In 2020, then-US President Donald Trump signed executive order to ban TikTok in the US within 45 days if the parent company ByteDance did not sell it to an American company. According to President Trump, there was evidence that TikTok was a national security threat.

It’s difficult to put an exact value on TikTok stock because it is still privately owned. So the financial records aren’t fully available to the public or audited to meet certain accounting standards. However, the underwriters will put a figure on TikTok stock before the IPO. In a digital age with apps-galore, one company in particular has burst onto the scene in the last few years – TikTok. In an already competitive social media market, TikTok has quickly established itself as a fan favourite, especially amongst Gen Z users. As one of the world’s most recognizable beverage brands, Starbucks is easily one of the most popular TikTok stocks.

As such, Planet Fitness tends to avoid the machismo crowd that’s only interested in showing off. Personally, I’m a fan of the company due primarily to its EA Sports lineup. With exclusive licensing rights to some of the world’s top leagues, the gaming specialist enjoys a relevance that’s going to be difficult to seize. But food and other household essentials are not purchase categories that you can ignore for long.

While you cannot own a share of TikTok at the moment, many social media platforms can be traded on the stock market. As mentioned, TikTok is a private company, so its shares do not trade on the stock market. That said, there is a way you can invest in the company (without being a creator).

TikTok is owned by ByteDance Limited, a privately-held Chinese Startup part-funded by KKR, SoftBank, Sequoia Capital China, and seven other venture capital companies. The app could be banned in the United States — one of its largest, most lucrative markets — as well as Canada and several European nations. Many governments have already banned the app on government devices, and some states have restricted access to TikTok on government-owned internet connections. It’s already been shut down in India, where it had 200 million users. The Indian government cited issues of privacy and national sovereignty.

Softbank is a Japanese telecom and e-commerce company that also operates a holding company and its well-known $100 billion Vision Funds. Vision Funds invest primarily in private equity companies with valuations topping $1 billion, also known as unicorns. But ByteDance is just a small portion of the firm’s overall portfolio.

Though on paper WOOF stock should be killing it, right now, it’s getting killed due to the multiple pressure points in the global markets. However, once circumstances normalize, Petco could swing higher. Interestingly, FXLV stock is up 28% on a YTD basis, making it not only one of the best-performing TikTok stocks, but it’s also just a high-flyer no matter what the category.

You may also be interested in learning how to buy SpaceX stock and/or how to buy pre IPO stock. Yes, it’s owned by ByteDance who are based in Beijing, China. In 2020, ByteDance announced that TikTok would have its own IPO. When the TikTok IPO will take place is still unknown, but it could be in 2024 if all the regulatory hurdles are dealt with. Of course, overtaking the likes of Meta will be a tough challenge.

However, two publicly traded investment companies hold shares of ByteDance, and anyone can buy shares in them. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

You’ll see how other members are doing it, share charts, share ideas and gain knowledge. Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

While TikTok has yet to announce an IPO, rumors and discussions surrounding the potential for an IPO have been circulating for some time. However, there’s currently no way to directly buy its stock. Of course, that doesn’t mean that you can’t do it indirectly.

If/when ByteDance goes public, you’ll be able to look up its stock symbol and buy it in your brokerage account. One of her most liked TikToks is a video where she explains options trading. In the video, Kilbride uses an analogy that compares buying a makeup palette from Ulta that you suspect will go up in price the next day. Most people think that they can’t beat the market, and stock picking is a game only Wall Street insiders can win.This simply isn’t true.

Eliminating shopping could help Walmart make more money by reducing its expenses. Some analysts think ByteDance could use TikTok’s algorithm to identify products customers want. TikTok could send videos about hardware or tools to people who watch how-to videos for home improvement projects. Many people consider TikTok addictive because 90% of users claim to use the app daily. TikTok retains users at a rate of 26%; one out of four people who use TikTok become regular users. While there have been ongoing rumors and discussions about the possibility of TikTok or its parent company, ByteDance, going public, no definitive plans have been announced.

Some platforms provide a secondary market for pre-IPO equity. The way it works is that shareholders of private companies can sell their stock options to investors. Most shareholders will probably be employees of these companies that want to get some liquidity for their illiquid company stock. Luckily, TikTok’s business has been growing from strength to strength. This is good news because it means the company is more likely to carry out its IPO sooner rather than later.