Facebook Inc (NASDAQ:FB), is soon buying Pryte, a mobile data company which allows smartphone users to download applications with temporary mobile data. Facebook Inc (NASDAQ:FB), net profit margin is 21.40% and weekly performance is -0.27%. On last trading day company shares ended up $63.34. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB), distance from 50-day simple moving average (SMA50) is 5.21%.
With messaging and social networking growing at an exponential growth, Twitter Inc (NYSE:TWTR), is expected to have nearly 400 million users of its messaging services. This number though is a bit changed because once the company estimated it to be 1 billion. The speculation suggests that this messaging service of TWTR will see an elevated growth in major developed markets in next 5 years which will mostly be Asia, Latin America and parts of Middle East. While it is expected that by 2018, its growth will decline steadily in the markets of Japan and the United States. Twitter Inc (NYSE:TWTR), advanced 0.98% in last trading session and ended the day on $32.90. TWTR, Gross Margin is 61.20% and its return on assets is -34.60%. Twitter Inc (NYSE:TWTR), quarterly performance is -39.50%.
Shares of Groupon Inc (NASDAQ:GRPN), fell down to knees almost 6.46% ($0.38) to end at $5.50 on Jun 2, 2014 after the restoration of an Illinois sales tax law. In the start, Illinois had implemented a tax on out-of-state Internet retailers, which was originally aimed at Amazon (AMZN).That is why it is normally referred to as the “Amazon tax.” Groupon Inc (NASDAQ:GRPN), shares moved up 2.41% in last trading session and was closed at $5.73, while trading in range of $5.56 – 5.78. Groupon Inc (NASDAQ:GRPN), year to date (YTD) performance is -51.32%.
Shares of Yahoo! Inc. (NASDAQ:YHOO), saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 24,477,024 shares, an increase of 16.1% from the April 30th total of 21,082,452 shares, American Banking and Market News reports. Based on an average daily trading volume, of 23,814,780 shares, the days-to-cover ratio is presently 1.0 days. Approximately 2.6% of the shares of the stock are short sold. Yahoo! Inc. (NASDAQ:YHOO), ended the last trading day at $34.73. Company weekly volatility is calculated as 1.67% and price to cash ratio as 11.90. Yahoo! Inc. (NASDAQ:YHOO), showed a negative weekly performance of 0.14%.
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