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