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, June 7.
Most Bullish
Human Genome Sciences HGSI traded up about 5% early on Monday. The company announced that it would be acquired by GlaxoSmithKline for around $14 per share.
The Coca-Cola Company KO traded down about 0.5% on Monday. Coca-Cola is reporting its earnings on Tuesday before the market open.
Most Bearish
QUALCOMM Incorporated QCOM traded down slightly on Monday after being upgraded from Sell to Hold by Societe Generale. Qualcomm is reporting earnings on Wednesday.
Wynn Resorts WYNN traded up slightly on Monday. The company is releasing its second quarter results after market close on Tuesday, July 17.
Most Discussed
Apple AAPL is often on this list. On Friday, Apple reversed a decision to take its products off an environmental rating service.
Citigroup C shares traded up about 2% on Monday after releasing favorable second quarter result before the market open.
J.P. Morgan JPM traded down about 2% on Monday after announcing that it lost $5.8 billion in a trade, but also had second quarter earnings that beat analyst estimates.
Google GOOG traded down slightly on Monday. Many stores are already sold out of Google's tablet Nexus 7.
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