Social Media Outlook for Monday July 30 (SHAW, BBY, EXEL, VHC)

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, July 30.

Most Bullish

Shaw Group SHAW shares traded up about 60% on Monday. CB&I CBI announced that it has entered into an agreement to acquire Shaw for $3 billion in cash and stock.

Best Buy BBY traded up about 2% on Monday after it was stated that the CEO, Richard Schulze, has been recruiting executives for a buyout.

Most Bearish

Exelixis EXEL traded up 4.5% on Monday. On Monday, the company announced that the FDA has accepted filling for the company's new drug called cabozantinib.

VirnetX Holding Corp VHC shares were down about 1.5% on Monday. Last week, the company had a procedural set back in a patent case regarding security standards for 4G and LTE devices.

Most Discussed

Apple AAPL traded up about 12% early on Monday. Apple is in court against Samsung today, after the companies accused each other of patent violations.

Facebook FB shares traded up slightly on Monday after hitting all time lows last week. The company reported earnings that showed slowing growth and did not include an outlook for the future.

Amazon.com AMZN traded down on Monday after the company reported earnings last week that showed the companies plan for long term gain rather than short term profits.

Google GOOG shares were up slightly on Monday. Samsung, which is at court with Apple AAPL over a patent violation, uses Google's Android operating system in its phones.

OCZ Technology Group OCZ shares traded up about 3% on Monday after rumors that Seagate Technologies STX may Buy the company.

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Posted In: EarningsLong IdeasNewsGuidanceShort IdeasRumorsMovers & ShakersFDAM&AIntraday UpdateMoversTechTrading IdeasGeneral
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