Market Overview

Social Media Outlook for Wednesday August 1 (DNB, ACTG, AVP, PXD)

Social Media Outlook for Wednesday August 1 DNB, ACTG, AVP, PXD

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 1.

Most Bullish

Dun & Bradstreet Corp. (NYSE: DNB) shares traded down about 4.2% on Wednesday after the company announced that it was considering the sale of its business.

Acacia Research Corporation (NASDAQ: ACTG) shares were up slightly on Wednesday. On Tuesday, the company hit 52-week lows after it settled litigation with Citigroup (NYSE: C).

Most Bearish

Avon Products (NYSE: AVP) shares were down about 2% after the company reported second-quarter earnings that missed on earnings and revenues. The company's profits fell 70%.

Pioneer Natural Resources (NYSE: PXD) shares traded up about 5% on Wednesday after it reported earnings that missed analyst estimates, but revenues that beat estimates.

Most Discussed

Apple (NASDAQ: AAPL) traded up slightly early on Wednesday's session. The company is currently in a lawsuit with Samsung over patent violations.

Facebook (NASDAQ: FB) shares hit a new all time low on Wednesday. Shares of the company continue to fall after reporting weak earnings and growth concerns.

Coach (NYSE: COH) shares traded up about 3.5% on Wednesday after it reported fourth-quarter earnings that missed on revenues but beat on profit. On Tuesday, shares of Coach lost about 18.5%.

Google (NASDAQ: GOOG) traded up about 1% early on Wednesday. On Tuesday, the company acquired Wildfire, a startup that helps companies advertise over social media outlets.

Microsoft Corporation (NASDAQ: MSFT) announced that it will replace its Hotmail service with Outlook. The company traded down slightly on Wednesday.

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

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