Market Overview

Social Media Outlook for Monday June 11 (UA, MSFT, DMND, C)

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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 Monday, June 11.

Most Bullish

Under Armor (NYSE: UA) announced a two-for-one stock split for all of its outstanding common stock earlier today. Under Armor is trading up about 3% on the session.

Microsoft (NASDAQ: MSFT) is currently trading near $29. At the 20th annual TechEd North America conference, Microsoft announced the company's cloud-based solutions for PC and mobile device management and security.

Most Bearish

Diamond Foods (NASDAQ: DMND) shares are currently trading down after the company announced that they will not meet the Nasdaq deadline to file quarterly reports on Form 10-Q for three different periods. The stock is currently trading at $19.20 after closing at $20.16 yesterday.

Citigroup (NYSE: C) is currently trading at about $27.80 after announcing that they will not look for authorization from the Federal Reserve to increase payouts to investors this year.

Most Discussed

Apple (NASDAQ: AAPL) is frequently on this list. Apple is currently holding its World Wide Developers Conference. Speculation is rampant that Apple will announce several new products.

Complete Genomics (NASDAQ: GNOM) has sharply declined over the past week after announcing a restructuring plan and review of strategic alternatives. GNOM closed at $1.88 on Friday.

Microsoft (NASDAQ: MSFT)

Google (NASDAQ: GOOG) is frequently discussed on social media. Google has announced that over 900,000 Android OS devices are activated daily, an increase of about 400,000 from last year.

Goldman Sachs (NYSE: GS) is trading at $94 after reports that the bank is close to signing a deal to sell its hedge fund administration unit to State Street (NYSE: STT).

Interested in getting more information about stock trends on social media? Signup for the Social Market Analytics newsletter on their website.

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