Internet Information Providers Gainers: LiveDeal (NASDAQ:LIVE), Groupon Inc (NASDAQ:GRPN), SouFun Holdings (NYSE:SFUN), Move Inc. (NASDAQ:MOVE), Taomee Holdings (NYSE:TAOM)

LiveDeal Inc. (NASDAQ:LIVE) a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform that enables restaurants to publish “real-time” and “instant offers” to nearby consumers, provides clarification of its recent filing in connection with an at-the-market offering of its common stock. LiveDeal Inc (NASDAQ:LIVE) weekly performance is 44.92%. On last trading day company shares ended up $4.42. Analysts mean target price for the company is $1.50. LiveDeal Inc (NASDAQ:LIVE) distance from 50-day simple moving average (SMA50) is -17.12%.

Groupon Inc (NASDAQ:GRPN) announced that it has hired Tony Award-Winning Broadway producer, Hugh Hysell, to lead National Broadway and Live Arts for GrouponLive. In addition to producing the Broadway productions of Vanya and Sonia and Masha and Spike and Peter and The Starcatcher, Hysell has marketed more than 200 Broadway and Off Broadway shows with his company HHC Marketing. While at HHC, he also served as the national sales director for BroadwayBox. Groupon Inc (NASDAQ:GRPN) shares advanced 5.18% in last trading session and ended the day on $6.29. Gross Margin is 55.30% and its return on assets is -6.30 %. Groupon Inc (NASDAQ:GRPN) quarterly performance is -19.15%.

Shares of SouFun Holdings Ltd (NASDAQ:SFUN) have been given an average recommendation of “Buy” by the nine analysts that are currently covering the company, AnalystRatings.NET reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $48.94. SouFun Holdings Ltd (NYSE:SFUN) shares moved up 5.32% in last trading session and was closed at $12.28, while trading in range of $11.45 – $12.30. SouFun Holdings Ltd (NYSE:SFUN) year to date (YTD) performance is -25.49%.

Move, Inc. (NASDAQ:MOVE) the leader in providing consumers the most accurate U.S. residential listings online*, promotes Luke Glass to the new position of executive vice president of industry platforms. Glass is responsible for leading the company’s real estate industry relations efforts and supporting Move’s industry strategy. Move Inc. (NASDAQ:MOVE) ended the last trading day at $12.30. Company weekly volatility is calculated as 6.46% and price to cash ratio as 4.21. Move Inc. (NASDAQ:MOVE) showed a positive weekly performance of 20.71%.

On May 20, Taomee Holdings Limited (ADR) (NYSE:TAOM) a leading children’s entertainment and media company in China, reported its unaudited financial results for the first quarter of 2014. Net revenues from online businesses were US$9.4 million in the first quarter of 2014, an increase of 13.6% from US$8.2 million in the fourth quarter of 2013 and an increase of 14.5% from US$8.2 million in the first quarter of 2013. Taomee Holdings Ltd (ADR) (NYSE:TAOM) net profit margin is 13.10% and weekly performance is -6.87%. On last trading day company shares ended up $4.61. Analysts mean target price for the company is $4.00. Taomee Holdings Ltd (ADR) (NYSE:TAOM) distance from 50-day simple moving average (SMA50) is -18.72 %.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *