Big investors say social media influence investment picks

April 16, 2015 11:52 AM

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Big institutional investors not only “like” social media stocks like Facebook, LinkedIn and Twitter, they say information gleaned from social media is shaping their investment decisions.

And that means Facebook “likes” or the content of a Twitter news feed is now viewed as a “key source of information” and can determine where billions of investment dollars are parked, just as new information made public in more traditional media like newspapers and broadcast and cable TV has moved m...

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