Social Media Outlook for Wednesday June 20 (TSO, MCP, COP, JCP)
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, June 20.
Tesoro (NYSE: TSO) shares traded higher on Tuesday. Goldman Sachs upgraded the company from a Sell to a Neutral rating.
Molycorp (NYSE: MCP) traded up about 11% on Tuesday. The company completed its takeover of Canadian-based company Neo Materials Technologies while headlines circulated that the Chinese government was warning of depleting rare earth supplies.
ConocoPhillips (NYSE: COP) shares sunk over 2% on Wednesday. Goldman Sachs downgraded the company to a Sell rating.
J. C. Penney (NYSE: JCP) traded lower on Tuesday after the company announced the departure of its President Michael Francis. Francis was brought in less than a year ago to reinvent the retailer's marketing.
J. C. Penney (NYSE: JCP)
Apple (NASDAQ: AAPL) is frequently discussed on social media. Shares of the tech giant were relatively stable on Wednesday, two days after Microsoft (NASDAQ: MSFT) unveiled its rival tablet the Surface.
Microsoft (NASDAQ: MSFT) held an event Wednesday afternoon. The company laid out plans for Windows Phone 8, the version of its Windows 8 operating system intended to run on smartphones.
Walgreen (NYSE: WAG) traded down about 3% on Wednesday. On Tuesday, Walgreen announced an alliance with Alliance Boots, a leading international pharmacy store.
FedEx (NAYSE: FDX) traded sharply higher on Tuesday, and maintained those gains on Wednesday. The company reported earnings on Tuesday that beat analysts expectations.
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