Morning Social Media Outlook for Tuesday March 20 (LGF, DSW, DIS, KBH)
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, March 20.
Lions Gate Entertainment (NYSE: LGF) traded up yesterday, and continued to move higher in today's early trading. The company is set to release The Hunger Games later in the week and has received some positive attention from analysts.
DSW (NYSE: DSW) is currently trading down slightly on today's session, but released earnings earlier this morning that appeared to beat analysts' expectations.
Walt Disney (NYSE: DIS) is trading down slightly after reporting that it would take a $200 million hit on its recent movie John Carter, which floundered at the box office.
KB Home (NYSE: KBH) is trading down over 3%. Housing starts came in slightly lower than expected this morning.
Apple (NASDAQ: AAPL) nearly always sits atop this list. The company initiated a dividend yesterday and released its new iPad model last Friday.
Bank of America (NYSE: BAC) is trading just below $10 per share--up significantly from December when it was briefly trading below $5. The company passed the Fed's stress test, but did not ask for a dividend or a buyback. Yesterday, there were rumors that the company would do an offering, a rumor that lead to shares trading lower. Bank of America later denied the rumor.
Google (NASDAQ: GOOG) is a popular stock to discuss on social media and frequently appears in this list. Shares of the company are currently trading around $630.
Amazon (NASDAQ: AMZN) is trading near $184 per share. The company announced yesterday that it would acquire Kiva Systems for $775 million in cash.
Microsoft (NASDAQ: MSFT) is currently trading near $32 per share. There were reports yesterday that the company would finish work on its new Windows 8 operating system this summer, with a launch later in the fall.
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