Social Media Outlook for Friday 18 (ANN, TK, DNDN, HLF)
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 Friday, May 18.
ANN (NYSE: ANN) reported first quarter earnings earlier this morning and handily beat expectations.
Teekay (NYSE: TK) reported earnings yesterday.
Dendreon (NASDAQ: DNDN) is trading down slightly on the session, but shares were hammered yesterday after the SEC announced that it was opening a formal investigation into the company.
Herbalife (NYSE: HLF) rallied early yesterday after hedge fund manager David Einhorn failed to mention the company at Ira Sohn on Wednesday. Yet, the company quickly reversed in early trading move sharply lower on the session.
Apple (NASDAQ: AAPL) nearly always sits atop this list. Shares are currently trading near $537. Facebook could supplant the name on Monday after it begins trading later today.
JPMorgan (NYSE: JPM) continues to be discussed after the company reported last week that it had suffered a trading loss amounting to some $2 billion.
Google (NASDAQ: GOOG) is frequently discussed on social media. Shares are currently trading near $625.
Salesforce.com (NASDAQ: CRM) is trading up over 10%. The company reported earnings yesterday.
FriendFinder Networks (NASDAQ: FFN) was trading up big earlier this morning but is now negative. Shares may have been moved by the Facebook IPO.
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