NEW YORK (CNNMoney) -- StockTwits was all about technology and drug stocks Friday, with tweets paying particular attention to Micron Technology, Oracle, and Pain Therapeutics.
Micron's (MU, Fortune 500) third-quarter sales and profit came in below analysts estimates, sending shares 13% lower Friday. The chip maker's stocks was the worst performer on the S&P 500 (SPX) and Nasdaq Composite (COMP).
Oracle's (ORCL, Fortune 500) quarterly results also disappointed investors. While the company's overall profit and revenues rose and beat expecations, Oracle's hardware sales fell 6% - far short of what the company had predicted.
Drug companies were also a hot topic.
The Food and Drug Administration rejected an application from Pfizer (PFE, Fortune 500) and Pain Therapeutics (PTIE) for Remoxy, a pain medication that is designed to reduce abuse using Durect Corp.'s (DRRX) technology.
All of that is giving StockTwits users plenty to tweet about:
BlackRaven999: Blew out of $MU after the open, glad I'm not an elephant in it.
MatthewBrenner: $ORCL $MU down on heavy losses, meanwhile $GOOG looks to be the next Ma Bell -or- Microsoft (MSFT, Fortune 500) as the Gov't sends out its anti-trust feelers.
BetaGauge: $ORCL earnings strong- being punished for not blowing everyones socks off- twhere are the value investors?
biotechtraderHB: $PTIE $PFE: until IR comes out and explains the CRL we are not going to get an idea where the shares should trade... #morons
JNapodano: Poor $PTIE and $DRRX. They've been trying forever with Remoxy. I'd buy $DRRX on the dip though, p3 Posidur data expected in the Q4.
adamfeuerstein: $PFE didn't disclose the reasons for FDA rejecting Remoxy. $PTIE $DRRX. ![]()
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 15,335.28 | -19.12 | -0.12% |
| Nasdaq | 3,496.43 | -2.54 | -0.07% |
| S&P 500 | 1,666.29 | -1.18 | -0.07% |
| Treasuries | 1.96 | 0.02 | 0.82% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 13.51 | 0.08 | 0.60% |
| Microsoft Corp | 35.08 | 0.21 | 0.60% |
| Sprint Nextel Corp | 7.29 | -0.03 | -0.41% |
| Advanced Micro Devic... | 4.10 | 0.03 | 0.74% |
| Ford Motor Co | 15.05 | -0.03 | -0.20% |
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.67% | 3.62% | |
| 15 yr fixed | 2.80% | 2.76% | |
| 5/1 ARM | 2.60% | 2.58% | |
| 30 yr refi | 3.65% | 3.61% | |
| 15 yr refi | 2.80% | 2.76% |
Today's featured rates: