The story
Smith & Nephew reported $1.55bn in revenue for the third quarter, lowered its expectations for the whole year because its US orthopaedics business was softer, and ended discussions with J&J about a merger.
Tone by day
Average of each day's headlines, −10 to +10.
3 Nov is the largest at 3.7, 2.9 times 4 Nov (1.3). 5 Nov is the lowest at −5.7.
Source: MarketFrame news analysis
| day | Average tone |
|---|---|
| 9 Oct | 0.3 |
| 21 Oct | 0.0 |
| 3 Nov | 3.7 |
| 4 Nov | 1.3 |
| 5 Nov | −5.7 |
The story's tone is the average of its headlines' own scores. Each score rates how good or bad the news was for the company, from −10 (clearly bad) to +10 (clearly good). 0 is neutral, and anything beyond ±6 is strong and rare. It rates the coverage, not the share price.