Market Overview

Social Media Outlook for Wednesday August 8 (FOSL, ESRX, NUS, PCLN)

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 Wednesday, August 8.

Most Bullish

Fossil (NASDAQ: FOSL) shares traded down slightly after trading up on Tuesday. The company's second-quarter revenues and earnings beat consensus analyst estimates.

Express Scripts Inc. (NASDAQ: ESRX) shares were up about 7 percent on Wednesday. The company raised its outlook for its full year earnings. In addition, the company reported strong second-quarter results due to its acquisition of rival Medco Health Solutions.

Most Bearish

Nu Skins Enterprises (NYSE: NUS) shares were down about 2.5 percent on Wednesday after short-seller Citron Research published a report that the company was running an illegal marketing scheme in China.

Pricline.com (NASDAQ: PCLN) traded down about 16 percent on Wednesday. The company reported second-quarter earnings that missed estimates and gave a weak outlook, due to the crisis in Europe.

Most Discussed

Priceline.com (NASDAQ: PCLN)

Apple (NASDAQ: AAPL) shares were down about 2 percent on Wednesday. The company introduced a patent case document, which the tablet maker said proves that Samsung copied the IPhone.

Disney (NYSE: DIS) traded up about 1 percent on Wednesday after the company posted earnings per share that beat analyst estimates.

Facebook (NASDAQ: FB) shares were down about 2 percent early on Wednesday. The company introduced a mobile-ad service that is aimed at increasing sales from tablet and smartphone users.

Google (NASDAQ: GOOG) traded up slightly on Wednesday. The judge for Google's Java trial against Oracle (NASDAQ: ORCL) ordered both companies to state who they paid to write about the trial.

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 Rumors Movers & Shakers Legal Best of Benzinga

 

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