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