Facebook Inc (NASDAQ:FB) is leaving no stone un-turned to transform into a mobile company, and now it is making rigorous efforts to come up with its own mobile analytic platform, according to a report from VentureBeat. Facebook Inc (NASDAQ:FB) shares after opening at $67.19 moved to $67.36 on last trade day and at the end of the day closed at $. Company price to sales ratio in past twelve months was calculated as 20.01 and price to cash ratio as 13.76. Facebook Inc (NASDAQ:FB) showed a negative weekly performance of -6.75%.
Yelp, Inc. (NYSE:YELP) Shares get an Outperform-from-Perform upgrade at JMP Securities, which cites margin growth and robust revenue prospects. Yelp Inc (NYSE:YELP) shares fell -2.71% in last trading session and ended the day on $. 81.17. YELP return on equity ratio is recorded as -3.90% and its return on assets is -3.60%. Yelp Inc (NYSE:YELP) yearly performance is 241.19%.
Twitter Inc (NYSE:TWTR) paid $36 million to acquire 900 patents from International Business Machines Corp. (IBM), according to a filing on Mar. 7. The agreement resolved a dispute that prompted IBM to write to Twitter about possible infringement of at least three patents. Twitter Inc (NYSE:TWTR) shares moved down -4.22% in last trading session and was closed at $48.77 while trading in range of $47.77- $50.94 – Twitter Inc (NYSE:TWTR) year to date (YTD) performance is -23.38%.
Renren (NASDAQ:RENN) stock had its “underweight” rating reaffirmed by stock analysts at Morgan Stanley in a report issued on Wednesday, American Banking News.com reports. They currently have a $2.70 price target on the stock. Renren Inc (NYSE:RENN) weekly performance is -15.57%. On last trading day company shares ended up $3.20. Renren Inc (NYSE:RENN) distance from 50-day simple moving average (SMA50) is -7.97%. Analysts mean target price for the company is $2.90.
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