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Investing

The Twitter-24/7 Wall St. Market Report 12.13.2010

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Twitter  has, by most estimates, 145 million members, 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. It raises the question of whether there is wisdom in crowds.

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 tweets are a sign of which companies the Twitter universe is interested in. Together, these financial sites are followed by nearly 1,000,000 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

 

Reuters Biz: Airbus raises aircraft demand forecasts http://dlvr.it/BHVJX

Reuters Biz: BofA looks to sell toxic mortgages worth $1 billion: reporthttp://dlvr.it/BHQ10

Reuters: Sanofi extends $18.5 billion Genzyme offer to Jan 21http://dlvr.it/BGfMy

MarketWatch: Thermo Fisher Scientific Inc. to buy Dionex Corp. for $2.1 billionhttp://on.mktw.net/h18ibS

MarketWatch: Shares in the U.K.’s Wellstream advance 5% after GE bids for the energy-equipment firm http://on.mktw.net/hwxpdh

Yahoo! Finance: BofA Looks to Sell Toxic Mortgages Worth $1 Billion: Reporthttp://yhoo.it/hsdUAd

Yahoo! Finance: Dell to buy Compellent for $884 million as it looks to boost position in data storage industry http://yhoo.it/eShX5B

DailyFinance: Amazon European Sites Suffer Outage Due to ‘Hardware Failure’http://aol.it/gumfDg

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820