Social Media Outlook for Friday July 6 (ROST, ISCA, INFA, YHOO)
In recent years, traders and investors have increasingly turned to social media to discuss their investments. Interested parties can now 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, July 6.
Ross Stores (NASDAQ: ROST) shares rallied on Thursday after the company reported a same store sales increase of 7%. The company also increased its second quarter earnings guidance. Ross Stores traded down slightly on Tuesday.
International Speedway (NASDAQ: ISCA) shares traded higher on Thursday after the company reported earnings that beat analysts' expectations.
Informatica Corporation (NASDAQ: INFA) shares traded down about 31% early on Friday. Late on Thursday, the company announced that its second quarter results would not do as well as projected.
Yahoo! (NASDAQ: YHOO) shares traded down on Thursday as the company remains in search of a new CEO. It is rumored that Yahoo! is considering Hulu's CEO Jason Kilar.
Apple (NASDAQ: AAPL) is often on this list. A variety of reports indicate that Apple intends to produce a mini iPad.
Netflix (NASDAQ: NFLX) shares traded up Thursday and early on Friday. CEO Reed Hasting announced this week that customers watched more than 1 billion hours of streaming videos in June.
Google (NASDAQ: GOOG) traded down slightly on Friday. The company's upcoming Nexus 7 tablet continues to be discussed.
Amazon (NASDAQ: AMZN) traded down slightly on Friday after a weak jobs report. According to a Bloomberg report, Amazon is considering entering the smart phone market.
JPMorgan Chase (NYSE: JPM) traded down about 1.5 percent early on Friday. JPMorgan was ordered by a federal judge this week to explain why it shouldn't be forced to turn over emails in a probe of potential energy market manipulation.
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