Social Media Outlook for Tuesday August 7 (VSI, NIHD, CBOU, BBY)
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, August 7.
Vitamin Shoppe (NYSE: VSI) shares were up about 7.5 percent on Tuesday after the company posted earnings that beat analyst estimates for earnings and revenue.
NII Holdings Inc. (NASDAQ: NIHD) traded down nearly 28 percent on Tuesday. The company reported a quarterly loss and cut projections for full year revenue.
Caribou Coffee Company (NASDAQ: CBOU) shares were down about 4 percent after the company cut its sales growth estimates for the full-year. The company does not expect any sales growth in this period.
HCA Holdings Inc. (NYSE: HCA) traded up about 5 percent on Tuesday's session. These gains occurred despite a probe by the Justice Department about heart procedures performed at the company's locations.
Apple (NASDAQ: AAPL) shares were down slightly. It was revealed on Monday that Apple will stop providing the YouTube application on its iPhones and iPads.
Best Buy (NYSE: BBY) traded down about 2.5 percent on Tuesday. The company's founder, Richard Schulze, offered to buy the company for $8.8 billion on Monday.
Knight Capital Group (NYSE: KCG) shares were up about 4.5 percent on Tuesday. The company traded down after it received financing on Monday for the trading losses which occurred last week.
Google (NASDAQ: GOOG) shares were down slightly on Tuesday after Apple (NASDAD: AAPL) announced that it would stop using Google's YouTube application on its devices.
Facebook (NASDAQ: FB) traded up on Tuesday after it stated that it would introduce an online gambling application where customers can use real money in the UK.
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