Market Overview

Social Media Outlook for Wednesday August 15 (TGT, PAG, SPLS, DE)

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 15.

Most Bullish

Target (NYSE: TGT) traded up over 2% on Wednesday after the company reported earnings before the opening bell.

Penske Automotive Group (NYSE: PAG) traded up slightly on Wednesday.

Most Bearish

Staples (NASDAQ: SPLS) traded down sharply on Wednesday, falling as much as 16%. The company reported disappointing earnings on Wednesday.

Deere (NYSE: DE) traded down over 6% after reporting earnings.

Most Discussed

Apple (NASDAQ: AAPL) is frequently discussed on social media. The tech giant is expected to unveil the iPhone 5 in the coming weeks.

Facebook (NASDAQ: FB) rallied slightly on Wednesday, but is still below its IPO price. The company will have a lockup period expire on Thursday.

Google (NASDAQ: GOOG) said it would let go 4,000 of Motorola Mobility's employees on Monday. Google announced its acquisition of Motorola Mobility in 2011 and closed the deal earlier this year.

Netflix (NASDAQ: NFLX) traded up almost 2% on Wednesday. The company rallied strongly intraday on Tuesday when Bank of America's research arm upgraded the stock to a Buy from an Underperform.

The Home Depot (NYSE: HD) traded up higher on Tuesday and continued to move higher on Wednesday after reporting earnings.

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: Social Market AnalyticsEarnings News Guidance Legal Movers Tech Trading Ideas Best of Benzinga

 

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