*Weekend* Jamba's Social Media Buzz Is Getting Squeezed

For investors hoping for a bounce-back in Jamba, Inc. JMBA’s share price, the latest data from TickerTags indicate it may not be coming anytime soon.

TickerTags monitors social media sites to identify trends by searching for words or phrases that appear together in social media content, such as tweets.

Related Link: Twitter's NFL Streaming Debut Draws Positive Social Media Reviews

Despite Jamba Juice’s huge growth in recent decades, Jamba stock is down 5.8 percent in the past five years and 21.8 percent in 2016.

Social media buzz surrounding Jamba suggests the negative trend will likely continue for the time being. So far in 2016, social media mentions of “Jamba Juice” are down 34 percent year-over-year (Y/Y). The numbers so far in Q3 show the trend is headed in the wrong direction. Q3 Jamba Juice mentions are down 37 percent Y/Y so far.

While these numbers are certainly not reassuring for worried shareholders, at least the company’s own management seems to believe in the stock. Back in August, Jamba CEO David Pace and board member Glenn Welling together bought more than 250,000 shares of Jamba stock at prices in the $11.00–11.50 range. With the stock recently trading at around $10.50, all those shares are currently in the red.

Jamba is expected to release its Q3 earnings in early November.

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Posted In: FintechShort IdeasRestaurantsCrowdsourcingTrading IdeasGeneralDavid PaceGlenn WellingTickerTags
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