Social Media Outlook for Wednesday May 2 (CVS, ASNA, CMI, AVP)

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, May 2.

Most Bullish

CVS Caremark CVS is trading up about 1.5% after beating analyst expectations for earnings this morning.

Ascena Retail ASNA is trading up about 10% after announcing that it would purchase Charming for $7.35 per share.

Most Bearish

Cummins CMI is trading about flat after reporting earnings yesterday.

Avon Products AVP reported earnings that fell sharply below expectations on Tuesday.

Most Discussed

Apple AAPL almost always sits atop this list. Shares are currently trading near $585.

Chesapeake Energy CHK reported disappointing earnings yesterday, and announced that it would bring in a new, independent chairman, splitting the role and taking the title away from Chesapeake's CEO Aubrey McClendon.

Microsoft MSFT is trading slightly down on the current session. Chatter on the company may be motivated by the announced plan to invest $300M into Barnes & Noble's BKS Nook business.

Bank of America BAC is currently trading down on the current session. The bank is frequently discussed, but chatter may have been enhanced by the fact that the bank was sued in New York by a pension fund.

ConocoPhillips COP spun-off Phillips 66 yesterday.

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