This Stock Is Seeing The Highest Interest On WallstreetBets Today

$Apple (AAPL.US)$ has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Wednesday.

What Happened: Exchange-traded fund $SPDR S&P 500 ETF (SPY.US)$  is seeing the highest interest on the forum with 686 mentions as at press time, followed by tech giant Apple with 294 mentions, data from Quiver Quantitative showed.

Electric vehicle maker $Tesla (TSLA.US)$ and biopharmaceutical company $Moderna (MRNA.US)$ are in the third and fourth positions, having attracted 225 and 142 mentions, respectively.

Why It Matters: Apple’s shares closed higher on Tuesday even as tech other stocks fell amid a broader market selloff due to worries about the new Omicron COVID-19 variant.

The Tim Cook-led company is seen as a safe haven despite the market uncertainty after Federal Reserve chair Jerome Powell said that the central bank will be discussing a potential acceleration of its monthly asset purchase tapering.