Market Overview

Social Media Outlook for Tuesday July 24 (GWR, BIIB, DV, UPS)

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 Tuesday, July 24.

Most Bullish

Genesee & Wyoming (NYSE: GWR) traded up about 4% on Tuesday after being upgraded by Raymond James from a Market Perform to an Outperform rating.

Biogen (NASDAQ: BIIB) shares were up about 1.5% early on Tuesday after reporting second-quarter earnings that exceeded expectations.

Most Bearish

DeVry (NYSE: DV) traded down 28% on Tuesday. Late on Monday, the company cut its outlook for fourth quarter sales and announced that it would make cuts to its work force.

United Parcel Services (NYSE: UPS) traded down about 3% on Tuesday. The company reported earnings that missed estimates. The company blamed the poor results on a weak economy and uncertainties overseas.

Most Discussed

Apple (NASDAQ: AAPL) traded up slightly on Tuesday. The company is set to report earnings after the market close.

McDonald's (NYSE: MCD) shares were down on Tuesday. The company reported earnings on Monday that showed profits falling.

Google (NASDAQ: GOOG) traded down slightly on Tuesday. According to reports, Google's tablet - the Nexus 7 - was outselling expectations.

Baidu (NASDAQ: BIDU) shares were up about 10% on Tuesday. On Monday, Baidu reported that its revenues were up about 60%.

Amazon (NASDAQ: AMZN) signed an agreement with Warner Bros on Monday that allows Amazon Prime subscribers to stream various Warner Bros TV shows.

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

Posted-In: Earnings Long Ideas News Guidance Short Ideas Movers & Shakers Movers Tech Trading Ideas General Best of Benzinga

 

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