MeetMe Inc. (NASDAQ:MEET) claims the introduction of a Friend Suggestions feature for its iPhone app part of a very competitive social networking/messaging app landscape has boosted iPhone friend requests by over 60%, and total friend requests by 30%. The feature will be added to MeetMe’s Android app in Q3. Shares are recovering a small portion of the losses they’ve seen since a May 8 EPS miss. MeetMe Inc. (NASDAQ:MEET) net profit margin is -16.60% and weekly performance is -7.92%. On last trading day company shares ended up $1.86. Analysts mean target price for the company is $4.75. MeetMe Inc. (NASDAQ:MEET) distance from 50-day simple moving average (SMA50) is -31.62%.
YY Inc. (ADR) (NASDAQ:YY) very impressive revenue growth greatly exceeded the industry average of 21.3%. Since the same quarter one year prior, revenues leaped by 136.9%. Growth in the company’s revenue appears to have helped boost the earnings per share. YY Inc. (ADR) (NASDAQ:YY) shares fell -0.31% in last trading session and ended the day on $63.44. YY gross Margin is 51.60% and its return on assets is 19.80%.YY Inc. (ADR) (NASDAQ:YY) quarterly performance is -27.23%.
Dutch company Yandex N.V. (NASDAQ:YNDX) the sole owner of Russian Internet giant Yandex, has applied for a listing of its shares on the Moscow Exchange, two sources close to the company said late Monday. Yandex NV (NASDAQ:YNDX) shares moved up 2.31% in last trading session and was closed at $32.40, while trading in range of $31.94 – $32.80. Yandex NV (NASDAQ:YNDX) year to date (YTD) performance is -24.91%.
In a note released Tuesday, HSBC has upgraded Youku Tudou Inc. (NYSE:YOKU) from Underweight to Neutral and reiterated its $22 price target. as the firm sees limited downside and a price that reflects the associated risks. Youku Tudou Inc. (ADR) (NYSE:YOKU) ended the last trading day at $19.01. Company weekly volatility is calculated as 3.47% and price to cash ratio as 6.32.Youku Tudou Inc. (ADR) (NYSE:YOKU) showed a negative weekly performance of -4.81%.
LinkedIn Corp (NYSE:LNKD) Director David L. Sze unloaded 6,250 shares of LinkedIn Corp stock on the open market in a transaction dated Monday, June 2nd. The shares were sold at an average price of $155.20, for a total transaction of $970,000.00. Following the transaction, the director now directly owns 98,188 shares in the company, valued at approximately $15,238,778. LinkedIn Corp (NYSE:LNKD) net profit margin is -0.60% and weekly performance is -2.95%. On last trading day company shares ended up $155.81. Analysts mean target price for the company is $224.14. LinkedIn Corp (NYSE:LNKD) distance from 50-day simple moving average (SMA50) is -5.19%.
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