Market Overview

Morning Social Media Outlook for Thursday March 8 (HOTT, TRCR, BWS, IMMR)


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 morning social media outlook for Thursday, March 8.

Most Bullish

Hot Topic (NASDAQ: HOTT) is currently trading up significantly after reporting impressive earnings and boosting the company's dividend by 14%.

Transcend Services (NASDAQ: TRCR) is set to be acquired by Nuance Communications (NASDAQ: NUAN) for about $300 million in cash.

Most Bearish

Brown Shoe Company (NYSE: BWS) is trading lower after reporting disappointing earnings.

Immersion Corporation (NASDAQ: IMMR) is trading down nearly 3%. Traders may have anticipated that the company's feel technology would be included in the new iPad that was announced yesterday.

Most Discussed

Apple (NASDAQ: AAPL) almost always appears at the top of the list, but chatter on the company may be up further still after Apple announced the new incarnation of its iPad yesterday.

Netflix (NASDAQ: NFLX) bounced back this morning after moving lower yesterday. Apple had announced that it would begin streaming HD video, which may have prompted some traders to fade Netflix.

Amazon (NASDAQ: AMZN) is trading nearly flat on the session. There had been a fair amount of chatter circulating that Apple would introduce a 7 inch tablet to compete with Amazon's Kindle Fire yesterday, but Apple opted not to enter that market (at least at present).

Google's (NASDAQ: GOOG) is always a popular stock on social media. Google is currently trading near $610.

Deckers Outdoor (NASDAQ: DECK) is trading down slightly on today's session. Sterne Agee lowered its price target on the stock, as did Stifel Nicolaus.

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 Analytics twitterEarnings News M&A Tech Trading Ideas Best of Benzinga


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