Market Overview

Morning Social Media Outlook for Tuesday Feb 28 (ALM, ELX, CTB, THC)

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In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis.

Provided by Social Market Analytics, here is the morning social media outlook for Tuesday, February 28.

Most Bullish

Alimera Sciences (NASDAQ: ALIM) is currently trading up over 70% after it received positive outcome in Europe for its drug Iluvien.

Emulex (NYSE: ELX) is trading nearly flat. The company has not seen any significant news today, although the company's chairman did offload several thousand shares last Friday.

Most Bearish

Cooper Tire (NYSE: CTB) recently announced that it had ratified an agreement with the Steelworkers union. Deutsche Bank also downgraded the company to a Hold from a Buy.

Tenet Healthcare (NYSE: THC) announced disappointing earnings.

Most Discussed

Apple (NASDAQ: AAPL) dominated the list all last week, and continues into the final week of February. Shares are currently trading near $530.

Priceline (NASDAQ: PCLN) is trading up over 7% after reporting strong earnings yesterday.

Google (NASDAQ: GOOG) is trading nearly unchanged at $612. Google's appearance on this list is no surprise, as it is always widely discussed on social media.

Vivus (NASADQ: VVUS) is trading down nearly 4% after rallying for a few days following the company's announcement last week that it had received a positive FDA vote for its weight loss drug.

Dendreon (NASDAQ: DNDN) is trading down over 5% after reporting disappointing earnings yesterday.

Interested in getting more information about stock trends on social media? Signup for the Social Market Analytics newsletter on their website.

Posted-In: Social Market Analytics twitterNews FDA Trading Ideas Best of Benzinga

 

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