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 29.
Most Bullish
United Continental Holdings UAL is trading near flat on the current session, but rallied significantly yesterday. Shares of the company may have moved in a pair trade with JetBlue JBLU, which has traded lower after one of the company's pilots had a psychotic episode.
Tyco International TYC traded higher yesterday after the company announced a merger with Pentair PNR.
Most Bearish
Red Hat RHT reported earnings yesterday.
The Mosaic Company MOS is trading down nearly 3% on the current session after reporting earnings yesterday.
Most Discussed
Apple AAPL nearly always sits atop this list. The company initiated a dividend last Monday and released its new iPad model earlier in the month.
Chelsea Therapeutics CHTP is down over 25% on the current session. The company announced that it had received a complete response letter from the FDA.
Google GOOG is also a popular stock to discuss. Citigroup raised its price target on the tech giant to $750 per share from $680.
Amylin Pharma AMLN rejected Bristol-Myers bid yesterday which lead to a strong rally in the stock.
Amazon AMZN is a popular stock to discuss on social media, but chatter may have bolstered further by talk of a second version of its Kindle Fire tablet.
Interested in getting more information about stock trends on social media? Signup for the Social Market Analytics newsletter on their website.
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