Social Media Outlook for Thursday July 26 (WFM, AKAM, DOW, FB)
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, July 26.
Whole Foods Market (NASDAQ: WFM) traded up about 10 percent on Thursday after reporting earnings that showed a 32 percent increase in profits. The company also increased its full year outlook.
Akamai Technologies (NASDAQ: AKAM) shares were up about 22.5 percent early on Thursday. After the market closed on Wednesday, the company reported earnings that beat analyst estimates on EPS and revenues.
The Dow Chemical Company (NYSE: DOW) traded down about 3.5 percent on Thursday after reporting a second quarter net income of $649 million, compared to $982 in the second quarter of 2011.
Facebook (NASDAQ: FB) traded down about 5 percent on Thursday. The company is set to report earnings after the market closes. Zynga (NASDAQ: ZNGA), a game maker that generates a fair amount of Facebook's revenue, reported disappointing earnings on Wednesday.
Apple (NASDAQ: AAPL) shares were up slightly early on Thursday. The company reported earnings that missed analyst estimates on Tuesday.
Netflix (NASDAQ: NFLX) shares traded down about 5 percent early in Thursday's session. The company reported weak subscriber growth in its earnings call on Wednesday.
Caterpillar (NYSE: CAT) shares traded up nearly 1 percent on Thursday. The company saw growth in profits because of increased demand in its second-quarter report.
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