Market Overview

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

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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