Social Media Stock Tracker: Investors Bet on Upcoming Q4 Results
WEEKLY STOCK PERFORMANCE
The social media sector performed well this week with an average weekly gain of 2% as investors continued to make bets ahead of upcoming earnings. In the next several weeks, several notable companies (including EBAY, GOOG, AAPL, NFLX, YHOO, and FB) will report Q4/12 earnings and set the tone for investor sentiment on the social media and Internet sector over the next several months.
FB continued to ride positive research views in the past few weeks with a one-week gain of 10%. The stock is up 19% in 2013 and FB announced a mystery press event next week, though we do
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