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 TGT traded up over 2% on Wednesday after the company reported earnings before the opening bell.
Penske Automotive Group PAG traded up slightly on Wednesday.
Most Bearish
Staples SPLS traded down sharply on Wednesday, falling as much as 16%. The company reported disappointing earnings on Wednesday.
Deere DE traded down over 6% after reporting earnings.
Most Discussed
Apple AAPL is frequently discussed on social media. The tech giant is expected to unveil the iPhone 5 in the coming weeks.
Facebook FB rallied slightly on Wednesday, but is still below its IPO price. The company will have a lockup period expire on Thursday.
Google 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 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 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.© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.