Top Buzzing ranking 6th August - Snap Inc
Using Trading Central's Market Buzz and looking into Top Buzzing ranking to find premarket moves and good opportunities during earnings season, we have identified Snap Inc as an interesting choice.
TC Market Buzz has identified Buzzing news volume over the last 24 hours, with 643 mentions.
Overall mentions represent the number of publications in the past 24 hours that mention the subject, along with a descriptor indicating how it compares to the 7-day average.
In the Most Discussed Topics widget, we find 'Earnings Announcement'. Let’s click it to see why the stock is buzzing.
Looking at the News Feed, we can see that the social media company posted quarterly sales that missed estimates.
On the sentiment side, the tone of the news headlines signals a bearish sentiment, with a Sentiment Score of 42 (negative).
Moreover, the sentiment score is supported by an average Confidence Index reading, while the Subjectivity Index is marked as “Low.”
Regarding technical analysis, from a daily point of view, the stock is dropping. Trading Central Technical Views sees a resistance at $9.50 with downside targets at $7.10 and $5.60.
Powered by TC Labs, TC Market Buzz helps investors read less and know more, solving today’s infobesity problem. With an interactive and modern design, Buzz shows investors which stocks and topics are “buzzing”, delivering a smarter news experience.
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