Baidu Inc. (NASDAQ:BIDU), the largest Chinese internet stock on the NASDAQ, rose $2.43, helping lift the rest of the sector. Baidu Inc (ADR) (NASDAQ:BIDU) shares after opening at $159.11 moved to $161.27 on last trade day and at the end of the day closed at $157.48. Company price to sales ratio in past twelve months was calculated as 11.78 and price to cash ratio as 7.80. Baidu Inc (ADR) (NASDAQ:BIDU) showed a negative weekly performance of -5.18%.
Yelp Inc. (NYSE:YELP) rose 2.2 percent in Germany after partnering with advertising platform YP. Yelp Inc (NYSE:YELP) shares fell -4.00% in last trading session and ended the day on $84.31. 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 249.54%.
Facebook Inc (NASDAQ:FB) has inaugurated its office in Indonesia, which is its fourth-largest market with 65 million registered users. A report from Daily Social reports that the social networker already has key executives on board in the Southeast Asian country, including a country manager, ‘growth manager,’ and engineers. Facebook Inc (NASDAQ:FB) shares moved down -1.86% in last trading session and was closed at $66.97 while trading in range of $66.82 – $68.23 – Facebook Inc (NASDAQ:FB) year to date (YTD) performance is 22.54%.
Google Inc (NASDAQ:GOOG) has announced that it has improved its encryption for Gmail in order to protect customers from potential spying. The National Security Agency (NSA) has widely criticized for tapping into the communications at various technology companies as revealed by leaked documents by former NSA contractor Edward Snowden. Google Inc (NASDAQ:GOOG) weekly performance is 0.68%. On last trading day company shares ended up $1,197.16. Google Inc (NASDAQ:GOOG) distance from 50-day simple moving average (SMA50) is 1.81%. Analysts mean target price for the company is $1322.38.
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