Internet Stocks In Bearish Zone: LinkedIn Corp (NYSE:LNKD), MeetMe Inc (NASDAQ:MEET), HomeAway (NASDAQ:AWAY), Tripadvisor Inc (NASDAQ:TRIP)

LinkedIn Corp. (NYSE:LNKD) has expanded its Sponsored Updates, part of the Marketing Solutions segment, through the launch of two Certified Marketing Partner programs — Sponsored Updates Partners and Content Partners. LinkedIn Corp (NYSE:LNKD) shares after opening at $165.75 moved to $167.00 on last trade day and at the end of the day closed at $158.17 . Company price to sales ratio in past twelve months was calculated as 12.47 and price to cash ratio as 8.18. LinkedIn Corp (NYSE:LNKD) showed a negative weekly performance of -9.83%.

MeetMe, Inc. ((NASDAQ:MEET) the public market leader for social discovery, announced the completion of its rollout of real-time chat on Android. The company has experienced gains in certain engagement data following the recent launch. MeetMe Inc (NASDAQ:MEET) shares fell -7.93% in last trading session and ended the day on $2.67. MEET return on equity ratio is recorded as -13.40 % and its return on assets is -11.40%.  MeetMe Inc (NASDAQ:MEET) yearly performance is 34.85%.

HomeAway, Inc (NASDAQ:AWAY) the world’s leading online marketplace for the vacation rental industry, reported its financial results for the first quarter ended March 31, 2014. HomeAway, Inc. (NASDAQ:AWAY) shares moved down -9.80% in last trading session and was closed at $33.32 while trading in range of $33.26 – $35.58 – HomeAway, Inc. (NASDAQ:AWAY) year to date (YTD) performance is -18.49%.

Tripadvisor Inc (NASDAQ:TRIP) the world’s largest travel site, announced the 10 highest-rated TripAdvisor GreenLeaders™ hotels[1] in the U.S. and the results of its eco-travel survey of more than 2,100 U.S. respondents. According to the survey, 23 percent of respondents have consciously made an eco-friendly travel choice in the past year, and 85 percent said doing so made them feel more positive about their trip. Tripadvisor Inc (NASDAQ:TRIP) weekly performance is -9.68%. On last trading day company shares ended up $77.39.  Tripadvisor Inc (NASDAQ:TRIP) distance from 50-day simple moving average (SMA50) is -18.42%. Analysts mean target price for the company is $97.95.

Comments

Leave a Reply

Your email address will not be published.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