Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter users.
24/7 Wall St. will look at the Twitter posts at Reuters Biz, WSJ, Financial Times, CNN Money, MarketWatch, CNBC, and 24/7 Wall St. each day to see which stocks are most frequently mentioned. It is clear that in this area of social media these tweet are a sign of which companies the Twitter universe is interested in. These financial sites are followed by a combined 625,000 Twitter users which makes them a sizeable sample of Wall St.’s interests. In some cases, we will publish the actual tweets from the sites.
Among the daily top trending symbols on stock twitter aggregator StockTwits, Cree (CREE), Las Vegas Sands (LVS), MGM Grand (MGM), PMI Group (PMI), AIG (AIG), Patriot Coal (PCX), Joe’s Jeans (JOEZ), Keryx (KERX), and Apple (AAPL)
CNN Money: Apple 2.0: Predicting iPad sales: How close were the analysts? http://bit.ly/acEmOv $AAPL
Reuters Biz: Peabody raises bid for Australia’s Macarthur http://link.reuters.com/xeq56j
MarketWatch: Apple iPad: The early user reviews are in, and they include some complaints http://on.wsj.com/dsxtLQ
CNBC: Foreclosures Update: Let the Housing Short Sales Begin -> http://bit.ly/aa8Tbe #housing #realestate
FT: iPad sales fall shy of upbeat expectations: Apple sold about 300,000 iPads on the tablet computing device’s first … http://bit.ly/908L0e
Douglas A. McIntyre
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