Market Overview

Social Media Outlook for Monday June 4 (AUXL, NFLX, DNDN, IBM)

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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 Monday, June 4.

Most Bullish

Auxilium Pharma (NASDAQ: AUXL) is currently trading up about 10%. The company reported positive top-line results from its Xiaflex trials.

Netflix (NASDAQ: NFLX) has seen some sharp movement to the downside recently. Shares are currently trading up about 2%. On Friday, it was announced that Netflix had surpassed Apple in the online movie business.

Most Bearish

Dendreon (NASDAQ: DNDN) is trading down a bit over 6% currently. Over the weekend, J&J and Bristol-Myers showed results of cancer drugs which could compete with Dendreon's offerings.

IBM (NYSE: IBM) is trading down just slightly on the current session.

Most Discussed

Facebook (NASDAQ: FB) continues to be talked about in the wake of its IPO. Shares are currently trading near $27.45.

Apple (NASDAQ: AAPL) is frequently discussed on social media. Shares are currently trading near $561.

Google, (NASDAQ: GOOG) like Apple, is a social media favorite. Shares are currently trading around $573.

Sprint Nextel (NYSE: S) is trading up slightly. Traders may be discussing the company in the wake of the announcement that Leap wireless was going to begin to sell the iPhone 4 and iPhone 4S with a $55 prepaid plan.

IBM (NYSE: IBM)

Interested in getting more information about stock trends on social media? Signup for the Social Market Analytics newsletter on their website.

Posted-In: Social Market AnalyticsLong Ideas News Short Ideas Contracts Movers Tech Trading Ideas Best of Benzinga

 

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