Social Sentiment Dips Into The Facebook Announcement
- ppearlman
- January 16th, 2013
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!
Related: Introducing The StockTwits Social Sentiment Indicator
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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