Social Stocks in News: Facebook Inc. (NASDAQ:FB), Renren Inc. (NYSE:RENN), Yelp Inc. (NYSE:YELP), Baidu Inc. (NASDAQ:BIDU)

Authorization from Ireland’s central bank to become an “e-money” institution would permit Facebook Inc. (NASDAQ:FB) to issue units of stored monetary value that represent a claim against the company. Facebook Inc. (NASDAQ:FB) shares after opening at $60.09 moved to $60.45 on last trade day and at the end of the day closed at $58.89. Company price to sales ratio in past twelve months was calculated as 19.18 and price to cash ratio as 13.19. Facebook Inc. (NASDAQ:FB) showed a positive weekly performance of 3.41%.

In the fourth quarter, Renren Inc. (NYSE:RENN) reported total net revenues of $30.7 million, a 29.1% year-over-year decrease in the three months to December. Online advertising sales were down 17.9% to $10.2 million, while gaming net revenue declined 39.7% to $15.6 million. Renren Inc. (NYSE:RENN) shares fell -0.61% in last trading session and ended the day on $3.26. RENN return on equity ratio is recorded as -5.20% and its return on assets is -4.70%. Renren Inc. (NYSE:RENN) yearly performance is 16.43%.

Yelp (NASDAQ:YELP) saw some unusual options trading on Monday. Investors purchased 25,689 call options on the stock, Analyst Ratings ssNetwork reports. This is an increase of approximately 174% compared to the typical daily volume of 9,365 call options. Yelp Inc. (NYSE:YELP) shares moved up 0.36% in last trading session and was closed at $61.94, while trading in range of $60.72 – $64.64. Yelp Inc. (NYSE:YELP) year to date (YTD) performance is -10.17%.

Baidu, Inc. (NASDAQ:BIDU), the leading Chinese language Internet search provider, announced that it will report its financial results for the first quarter ended March 31, 2014, after the U.S. market closes on April 24, 2014. Baidu Inc. (ADR) (NASDAQ:BIDU) weekly performance is 7.14%. On last trading day company shares ended up $153.76. Baidu Inc. (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is -5.83%.