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 23.
Most Bullish
Ariba ARBA is set to be acquired by SAP SAP. The deal was announced yesterday, and led to shares of Ariba moving up sharply higher.
PetSmart PETM reported earnings yesterday and boosted the company's forecast.
Most Bearish
Dell DELL reported poor earnings yesterday after the close. Shares opened about 15% lower on Wednesday.
Express EXPR reported earnings yesterday that came in below expectations.
Most Discussed
Facebook FB began trading on the Nasdaq last Friday. Shares are up on the current session, but are far removed from the IPO pricing of $38.
Apple AAPL is frequently discussed on social media. Shares are currently trading near $558.
JPMorgan JPM continues to be discussed on social media following the firm's reported $2 billion trading loss.
Dell DELL
Morgan Stanley MS could be seeing chatter on the Facebook IPO. Morgan Stanley was one of the key underwriters and is being heavily criticized on its handling of Facebook's IPO.
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