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 17,804.80 26.65 0.15%
Nasdaq 4,765.38 16.98 0.36%
S&P 500 2,070.65 9.42 0.46%
Treasuries 2.18 -0.03 -1.27%
Data as of 5:27pm ET
Company Price Change % Change
Bank of America Corp... 17.62 0.09 0.51%
Apple Inc 111.78 -0.87 -0.77%
General Electric Co 25.62 0.48 1.91%
Intel Corp 36.37 -0.65 -1.76%
Microsoft Corp 47.66 0.14 0.29%
Data as of Dec 19
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.01%4.03%
15 yr fixed3.12%2.97%
5/1 ARM3.11%2.99%
30 yr refi4.04%4.09%
15 yr refi3.15%3.05%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.