Social Media Outlook for Wednesday May 2 (CVS, ASNA, CMI, AVP)
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 social media outlook for Wednesday, May 2.
CVS Caremark (NYSE: CVS) is trading up about 1.5% after beating analyst expectations for earnings this morning.
Ascena Retail (NASDAQ: ASNA) is trading up about 10% after announcing that it would purchase Charming for $7.35 per share.
Cummins (NYSE: CMI) is trading about flat after reporting earnings yesterday.
Avon Products (NYSE: AVP) reported earnings that fell sharply below expectations on Tuesday.
Apple (NASDAQ: AAPL) almost always sits atop this list. Shares are currently trading near $585.
Chesapeake Energy (NYSE: CHK) reported disappointing earnings yesterday, and announced that it would bring in a new, independent chairman, splitting the role and taking the title away from Chesapeake's CEO Aubrey McClendon.
Microsoft (NASDAQ: MSFT) is trading slightly down on the current session. Chatter on the company may be motivated by the announced plan to invest $300M into Barnes & Noble's (NYSE: BKS) Nook business.
Bank of America (NYSE: BAC) is currently trading down on the current session. The bank is frequently discussed, but chatter may have been enhanced by the fact that the bank was sued in New York by a pension fund.
ConocoPhillips (NYSE: COP) spun-off Phillips 66 yesterday.
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