Market Overview

Social Media Outlook for Thursday May 10 (PRIM, LEAP, CSCO, JNPR)

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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 Thursday, May 10.

Most Bullish

Primoris Services (NASDAQ: PRIM) is currently trading slightly positive. The company reported earnings yesterday.

Leap Wireless (NASDAQ: LEAP) is trading slightly negative on the session, but may have benefited yesterday from the rumor that Deutsche Telekom was said to be discussing a sale of T-Mobile to various telecom companies.

Most Bearish

Cisco Systems (NASDAQ: CSCO) is currently trading down almost 9%. The company reported earnings yesterday, but gave poor guidance.

Juniper Networks (NASDAQ: JNPR) is down a bit over 4%. Juniper competes with Cisco, and Cisco's negative guidance may have lead traders to believe that Juniper could be a target as well.

Most Discussed

Apple (NASDAQ: AAPL) nearly always sits atop this list. Shares are currently trading near $572. Yesterday, there were rumors about release dates for upcoming iPhone and iPad models.

Cisco Systems (NASDAQ: CSCO)

priceline.com (NASDAQ: PCLN) is trading down almost 5% currently. The company reported earnings yesterday afternoon.

Arena Pharma (NASDAQ: ARNA) is currently halted. Shares were trading up yesterday. The company has an FDA panel decision later today.

Green Mountain Coffee (NASDAQ: GMCR) is trading down on the current session. The company's chairman and founder was forced out of the company after facing a margin call on shares.

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

Posted-In: Earnings Long Ideas News Guidance Short Ideas Markets Movers Tech Trading Ideas Best of Benzinga

 

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