Social Sentiment Dips Into The Facebook Announcement
Yesterday on StockTwits, we saw more than 4 times the average number of messages tagged $FB which makes sense given the big Search Graph announcement and especially with all of the hype leading up to it.
Interestingly, we saw a large increase in bearish sentiment in the hour leading up to the call and before the stock price began falling.
In this case, social sentiment led price nicely as well as the generally cool response to the announcement.
This first chart shows the spike down in sentiment between 12 and 1PM ET and it remaining lower through the close:
This second chart shows $FB price decline accelerate after 1PM pn high volume.
Nice work StockTwits Community!
blog comments powered by Disqus
StockTwits® is the world's largest social network for investors and traders. Anyone can share ideas about their favorite stocks or follow what others are saying in real-time. The quickest way to get started is to join right now and make sure you sign-up for our FREE email list.
Search by Date