Market Overview

Social Media Outlook for Thursday May 31 (SFLY, CIEN, KSS, TIVO)

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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 Thursday, May 31.

Most Bullish

Shutterfly (NASDAQ: SFLY) is currently trading down just over 1.50%. The company announced yesterday that it was purchasing an Israeli photo software company.

CIENA (NASDQ: CIEN) reported Q2 earnings this morning and guided for the third quarter.

Most Bearish

Kohl's (NYSE: KSS) reported same-store sales that were far below expectations.

TiVo (NASDAQ: TIVO) is currently trading down about 5%. The company reported earnings yesterday and guided for Q2, noting that it would be affected by increased litigation costs.

Most Discussed

Apple (NASDAQ: AAPL) is frequently discussed on social media. The company's CEO--Tim Cook--gave an extended interview at the AllThingsD conference on Tuesday. Shares are currently hovering around $576.

Facebook (NASDAQ: FB) continues to trade lower following the company's IPO. Shares are currently down about 4% on the session near $27.

Research in Motion (NASDAQ: RIMM) announced on Tuesday that it had hired bankers to help facilitate a strategic process of the company's options.

Google, (NASDAQ: GOOG) like Apple, is a social media darling. Shares are currently trading $581.

Amazon (NASDAQ: AMZN) struck a deal with New Jersey. The company will be opening two distribution centers in the state. Shares are trading near $210.

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 AnalyticsEarnings News Guidance M&A Movers Tech Trading Ideas Best of Benzinga

 

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