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 FOSL shares traded down slightly after the company traded up on Tuesday. The company's second-quarter earnings beat analyst estimates on revenues and earnings.
Express Scripts Inc. ESRX shares were up about 7% on Wednesday. The company raised its outlook for its full year earnings. The company stated a strong second quarter due to its acquisition of rival Medco Health Solutions.
Most Bearish
Nu Skins Enterprises NUS shares were down about 2.5% on Wednesday after short-seller Citron Research published a report that the company was running an illegal marketing scheme in China.
Pricline.com PCLN traded down about 16% on Wednesday. The company reported second-quarter earnings that missed estimates. The company also gave a weak outlook due to the crisis in Europe.
Most Discussed
Priceline.com PCLN
Apple AAPL shares were down about 2% on Wednesday. The company introduced a document in its patent case against Samsung, which the company states, proves that Samsung copied the IPhone.
Disney DIS traded up about 1% on Wednesday after the company posted earnings that beat analyst estimates, but was light on revenues.
Facebook FB shares were down about 2% early on Wednesday. The company introduced a mobile-ad service that is aimed at increasing sales from tablet and smartphone users.
Google GOOG traded up slightly on Wednesday. The judge, in Google's Java trial against Oracle 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.© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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