Ever since highly-successful messaging startup WhatsApp was bought out by Facebook Inc (NASDAQ:FB) for $19 billion a few weeks ago, WhatsApp users have been asking for reassurance regarding their privacy after the deal with the social media giant closes. Facebook Inc (NASDAQ:FB) stock opened today at $68.76 and is currently trading at $69.25. The stock showed a negative weekly performance of -4.57%.
LinkedIn Corp (NYSE:LNKD) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued on Friday, Analyst Ratings Network reports. They currently have a $194.00 price target on the stock. Zacks‘s price target would indicate a potential downside of 4.43% from the company’s current price. LinkedIn Corp (NYSE:LNKD) stock opened at $191.99, in current trading session and currently is at $196.43, by gaining 1.87% The 52 week range of $160.20-$257.56.Company’s market capitalization is $23.52 billion.
Renren Inc (NYSE:RENN) was last seen changing hands at $3.90 per share after gaining 9.55 percent in the last session. The company also ended up the last session after trading a fairly large volume of shares than daily average. The leading social networking platform in China announced Tuesday that it will reported unaudited financial results next month. The company is planning reports for the fourth quarter and fiscal 2013. The results will be released after market close in the U.S. on March 18, at 9:00 p.m. ET. Renren Inc (NYSE:RENN) management will be there to discuss the results. Renren Inc (NYSE:RENN) stock is currently trading at $3.85 .The EPS of the stock is -0.16. Company’s market capitalization is $1.42 billion.
Yahoo! Inc (YHOO) revealed its partnership with Yelp Inc (NYSE:YELP) as part of its effort to improve the service and strengthen the competitiveness of its search engine. The tech giant started including snippets of listings and reviews of local businesses in its search results. Yelp Inc (NYSE:YELP) stock opened the session at $89.16, and now is at $90.57. The 52 week range of the YELP stock remained $22.48-$101.75 and the day range was $88.65-$90.57.
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