StockTwits cries out over earnings misses

July 28, 2011: 2:26 PM ET
Akamai Technologies

Click chart to track Akamai Technologies' stock.

NEW YORK (CNNMoney) -- This earnings season, the market has been unforgiving to any company that fell short of expectations.

Akamai Technologies (AKAM) missed earnings estimates by a cent and its stock crashed almost 17% to a new low for the year. The Internet data delivery company blamed the results to pricing pressure from growing competition.

Shares of Exxon Mobil (XOM, Fortune 500) slid 1.5% after its latest earnings fell 2 cents short of the consensus estimate. The oil producer still has the biggest market cap in the world.

Sprint (S, Fortune 500) plunged 18% after reporting larger than expected loss for the second quarter. The mobile operator announced a deal for "spectrum sharing" with privately owned LightSquared.

These are some of the popular themes on StockTwits Thursday:

sspencer_smb: If u were the hedge fund left holding the bag w/ $AKAM when all your fake takeover rumors failed. sorry :)

Sprint throws 4G Hail Mary. Stock plunges.

Ziggystz:$AKAM is now trading at 18x trailing 1year earnings ex net cash. Lowest multiple i can see in the last 3 years.

karleggerss: Today's a good example of why to use an #ETF in a lot of cases. $XOM misses and is down but $XLE is up. #Diversification

MercenaryJack: Exxon misses expectations - stocks are like movies, too high hopes leave a bad taste. $XOM, $MACRO

valuewalk: $S down 11%! Einhorn has had some fiascos lately like $YHOO but that was unique and Sprint he has not sold out of $S. One day means little.

DavidFaberCNBC: $S losing pre-paid subs and spending lots of money to keep what they have. what happened to pricing power in cell biz...it's gone. To top of page

Index Last Change % Change
Dow 17,683.60 -92.52 -0.52%
Nasdaq 4,863.08 -37.81 -0.77%
S&P 500 2,057.67 -10.22 -0.49%
Treasuries 1.86 -0.07 -3.62%
Data as of 1:20pm ET
Company Price Change % Change
Bank of America Corp... 15.37 -0.02 -0.13%
Apple Inc 123.77 -0.66 -0.53%
Alcoa Inc 13.02 0.10 0.74%
Microsoft Corp 40.58 -0.08 -0.18%
Mylan NV 58.32 -1.04 -1.74%
Data as of 1:05pm ET
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.79%3.82%
15 yr fixed3.02%3.02%
5/1 ARM3.14%3.13%
30 yr refi3.87%3.90%
15 yr refi3.11%3.11%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates: