According e-Marketer reports, mobile Ad market increased by 105% for year 2013. Companies like Facebook Inc. (NASDAQ:FB) andGoogle Inc (NASDAQ:GOOG) which hold majority share in mobile Ad market are set benefit most of this new increasing market. According to e-Marketer report global spending on mobile ads increased to $17.96 Billion for year 2013 and is further estimated to grow to $31.45 Billion for year 2014. Facebook Inc (NASDAQ:FB) shares after opening at $67.53 moved to $67.92 on last trade day and at the end of the day closed at $67.24. Company price to sales ratio in past twelve months was calculated as 21.00 and price to cash ratio as 14.44.Facebook Inc (NASDAQ:FB) showed a negative weekly performance of -0.71%.
After Twitter Inc (NYSE:TWTR)’s listing on November 7, 2013, the its stock price has mostly soared and reached a peaked at $73.31 on December 26. It reported a loss of $511 million in its 4Q, 2013 results. As Twitter CEO, Dick Costolo, makes his first China trip — where it has been banned since 2009 — investors are in a bit of a quandary as to whether Twitter will be able to keep growing its user base or not. In recent months, Twitter’s user growth seems to have stalled. Twitter Inc (NYSE:TWTR) shares advanced 1.60% in last trading session and ended the day on $50.92. TWTR return on equity ratio is recorded as -105.10% and its return on assets is -41.20%.
With Zynga Inc (NASDAQ:ZNGA) planning a soft launch of its new “FarmVille 2: Country Escape,” it seems Zynga wants to milk its only superhit game. Gamers will likely get tired of playing a game (or games) basically built around the same idea. After they’ve been farming for a year or two, they might be tired and may want to move on to other things such as fighting zombies or reprising the adventures of Navy SEALs. Zynga Inc (NASDAQ:ZNGA) shares moved down -2.56% in last trading session and was closed at $4.95, while trading in range of $4.87-$5.13. Zynga Inc (NASDAQ:ZNGA) year to date performance is 30.26%.
LinkedIn Corp (NYSE:LNKD) CEO Jeff Weiner unloaded 37,000 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $193.98, for a total transaction of $7,177,260.00. LinkedIn Corp (NYSE:LNKD) weekly performance is -0.03%. On last trading day company shares ended up $196.72. LinkedIn Corp (NYSE:LNKD) distance from 50-day simple moving average is -5.06%. Analysts mean target price for the company is $253.24.
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