Last year was full of events, and neither the pandemic, nor the acceleration of winding up the aggressive economy support program by the Fed made it less successful for the US stock market.

The best evidence here is the growth of the US stock indices in 2021: S&P 500 (US500) grew by 26.6%, NASDAQ Composite (NAS100) — by 20.7%, and Dow Jones Industrial Average (US30) — by 18.7%.

Today we present a list of companies the stocks of which demonstrated the most prominent growth last year. The list includes Destination XL Group Inc., Lightwave Logic Inc., AMC Entertainment Holdings Inc., Aehr Test Systems, and GameStop Corp.

For this Top 5, we've picked shares traded in NASDAQ and NYSE. The growth was calculated as the difference between the closing price on 31 December and the opening price on 4 January, 2021, in percent.

1. Destination XL Group — 2067.9%

This is a big retailer of men's wear and shoes of larger sizes founded in 1976. Its headquarters are in Canton, Massachusetts. According to the official website of Destination XL Group, 227 stores of the company are now open in the USA and Canada.

Online and offline, Destination XL Group sells not only their own brands — Casual Male XL®, Destination XL®, LivingXL®, ShoesXL®, and Rochester Clothing® — but also items by other well-known trademarks.

Over 2021, the shares of Destination XL Group Inc. (NASDAQ: DXLG) grew by 2067.9% from $0.26 to $5.68. Such development can be explained by the fact that during the pandemic Americans and Canadians started shopping more.

Share price charts of Destination XL Group
Past performance is not a reliable indicator of future results or future performance.

2. Lightwave Logic — 1,500%

The company was founded in 1997; its main office is in Englewood, Colorado. Lightwave Logic, Inc. creates electro-optic polymers that provide for fast data transmission.

The target markets for the company are data processing centers and high-performance computing equipment. By the assessments of Lightwave Logic, the market of electro-optic components will have grown to $80 billion by 2030.

The demand for innovative solutions for faster data transmission was pushing the shares of the company upwards the whole year, so over 2021, the shares of Lightwave Logic, Inc. (NASDAQ: LWLG) grew from $0.93 to $14.88, which makes 1,500% growth.

Share price charts of Lightwave Logic
Past performance is not a reliable indicator of future results or future performance.

3. AMC Entertainment Holdings — 1136.4%

The company, founded in 1920 by Dubinsky brothers, owns one of the largest cinema chains in the world. According to its official website, AMC Entertainment Holdings owns 380 cinema houses today.

In 2021, thanks to the activity of investors from Reddit and Robinhood users, the quotations of AMC Entertainment Holdings Inc. (NYSE: AMC) grew by 1136.4%. The shares began the year at $2.2 and ended it at $27.2.

Moreover, the softening of quarantine measures and mass vaccination in the USA were also a good influence on the business of AMC Entertainment Holdings. This way, cinemas could get back to work.

However, positive news didn't help AMC Entertainment Holdings much, so the shares are still declining.

Share price charts of AMC Entertainment Holdings
Past performance is not a reliable indicator of future results or future performance.

4. Aehr Test Systems — 867.2%

The company designs, produces, and sells innovative testing and reliability systems for logic and optic equipment, as well as integrated memory chips. Aehr Test Systems was registered in 1977; it's head office is in Fremont, CA.

Patented Aehr Test Systems technology is used for testing semiconductors for cars, mobile and computing devices, and designing silicon photonics devices.

In 2021, the share price of Aehr Test Systems (NASDAQ: AEHR) grew by 867.2%. When trades opened last year, the share price was $2.5, and when trades closed on 31 December, it was already $24.18.

High demand for semiconductors test systems was a positive influence on Aehr Test Systems. The company reported all-time high results for two quarters in a row.

Share price charts of Aehr Test Systems
Past performance is not a reliable indicator of future results or future performance.

5. GameStop — 681%

The US retail sales chain selling game consoles, computer games, and game accessories, was founded in 2000. The company had almost never developed online business, and quarantine restrictions put it on the verge of bankruptcy.

However, the situation was reversed by investors from the WallStreetBets subreddit I've mentioned above. They made the shares of GameStop Corp. (NASDAQ: GME) that started the year at $17.25 reach $483 on 28 January 2021.

This was a record for GameStop shares. Over last year, the quotations grew by 681%. Apart from the agitation created by Reddit users, the shares of the company were pushed upwards by the information that GameStop was actively developing its online segment and was planning to enter the NFT and crypto market.

Share price charts of GameStop
Past performance is not a reliable indicator of future results or future performance.

Which companies profit from COVID-19

When the pandemic began, stock indices went down, yet timely support measures taken by governments worldwide calmed exchanges down. This let certain shares recover and grow.

In 2021, the most noticeable growth was demonstrated by the shares of such companies as Destination XL Group Inc., Lightwave Logic Inc., AMC Entertainment Holdings Inc., Aehr Test Systems, and GameStop Corp.

High purchasing activity of people on quarantine, the demand for innovative technology, and concerted action of private investors in social networks are the main reasons for the mentioned shares to grow.

This material and the information contained therein are for informational purposes only and should in no way be construed as providing investment advice for the purposes of the Investment Companies Act 87 (I) 2017 of the Republic of Cyprus, or any other form of personal advice or recommendation relating to certain types of transactions in certain types of financial instruments.


Material is prepared by

Server is the guru of searching for market insights. Since 2019 he writes about everything that might be useful to the investor, focusing on the stock market and its assets.