Courtesy of Benzinga.
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.
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