Twitter Inc. (NYSE:TWTR) reported quarterly operating earnings and sales Tuesday that beat market expectations, but its shares sank on a widened net loss and slowing growth in the social media company’s user base. The company said revenue in the first quarter ended March 31 more than doubled year over year to $250.5 million (U.S.), slightly ahead of the $241.47 million consensus forecast of analysts as compiled by Thomson Reuters. Twitter Inc. (NYSE:TWTR) shares after opening at $40.53 moved to $43.97 on last trade day and at the end of the day closed at $42.62. Company price to sales ratio in past twelve months was calculated as 37.78 and price to cash ratio as 11.25. Twitter Inc. (NYSE:TWTR) showed a negative weekly performance of -7.39%.
Facebook Inc. (NASDAQ:FB) cannot be challenged when it comes to referral traffic, be it desktop of mobile. According to the upcoming report from Quantcast, titled How Mobile Is Changing Content Discovery, Facebook leads more traffic on mobile devices to media websites than any other network. Facebook Inc. (NASDAQ:FB) shares advanced 3.58% in last trading session and ended the day on $58.15. FB return on equity ratio is recorded as 13.30% and its return on assets is 11.30%. Facebook Inc. (NASDAQ:FB) yearly performance is 115.53%.
One of the fastest growing players in social gaming domain, Zynga, Inc. (NASDAQ:ZNGA) is advancing towards making its mark in the industry. It has successfully launched games that are played by a wide audience of more than 100 million per month. Zynga is also known for the creation of evergreen franchise lie FarmVille, Casino and Words with Friends. With a series of changes in key managerial positions and strong acquisitions along with quick deals, Zynga is advancing to experiment with new horizons. Zynga Inc. (NASDAQ:ZNGA) shares moved up 1.28% in last trading session and was closed at $3.95, while trading in range of $3.82 – $4.00. Zynga Inc. (NASDAQ:ZNGA) year to date (YTD) performance is 3.95%.
LinkedIn Corp. (NYSE:LNKD) is scheduled to announce its first-quarter 2014 results on May 1. LinkedIn Corp (NYSE:LNKD) weekly performance is -13.09%. On last trading day company shares ended up $153.23. LinkedIn Corp (NYSE:LNKD) distance from 50-day simple moving average (SMA50) is -18.41%. Analysts mean target price for the company is $249.37.
Baidu (NASDAQ:BIDU) was upgraded by equities research analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm currently has a $229.00 price target on the stock, up from their previous price target of $178.00. Baidu Inc. (ADR) (NASDAQ:BIDU) shares advanced 2.80% in last trading session and ended the day on $155.15. BIDU return on equity ratio is recorded as 45.70% and its return on assets is 25.90%. Baidu Inc. (ADR) (NASDAQ:BIDU) yearly performance is 81.48%.
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