Facebook Inc (NASDAQ:FB) has refrained from commenting on sensational reports which emerged from London last week that the social networking site was ‘dead and buried’. The study by the University College London discovered that exodus of youth from Facebook Inc (NASDAQ:FB) was bigger than had been reported before. And for this reason, the giant social networking site was having no future.Facebook Inc (NASDAQ:FB) stock in last trading day opened at $54.12, traded the day range of $53.91-$54.86, and closed at $54.65. The stock showed a positive performance of 1.75% in previous trading session.
LinkedIn Corp’s (NYSE:LNKD) increasing focus on salespeople and students are the next big opportunities for the professional network. LinkedIn believes there are six times as many on the platform as human resources personnel, highlighted by an expected stand-alone product that should ramp during 2015.In last trading activity, LinkedIn Corp (NYSE:LNKD) traded 112.10million shares and the average volume of the stock was recorded as 1.72million shares. The 52 week range of the stock was $109.80-$257.56. . The stock was advanced 1.02% by closing at $216.83.
Yelp Inc (NYSE:YELP) international expansion and increasing active business accounts will remain the key growth drivers in 2014. Yelp Inc (NYSE:YELP) stock on December 31, 2013, recorded a rise of 4.45% and was in a range of $65.92 – $69.14 before closing at $68.95. Company’s 52-week low price is $18.66 and 52 week high price is $75.37.
Groupon Inc (NASDAQ:GRPN) each day the e-mails its subscribers discounted offers for goods and services that are targeted by location and personal preferences. Groupon Inc (NASDAQ:GRPN) shares rose 3.84% in last trading session and was closed at $11.77, while trading in range of $11.38 – $11.77. Its return on equity ratio is recorded as -12.20% and its return on assets is -4.80%.
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