Facebook Inc (NASDAQ:FB) is receiving a ground-swell of criticism in recent days due to the filtering that it is forced to engage in in order to continue to inform its users. That, of course, includes advertisements which only began last year and those same ads are glaring when you’re missing news of your sister delivering birth only to miss the announcement of your nephew. Facebook Inc (NASDAQ:FB) shares after opening at $59.94 moved to $60.20 on last trade day and at the end of the day closed at $56.75. Company price to sales ratio in past twelve months was calculated as 18.48 and price to cash ratio as 12.71. Facebook Inc (NASDAQ:FB) showed a negative weekly performance of -5.43%.
Renren Inc (NYSE:RENN) has been able to improve its cash balance through selling a number of good investments, including the recent sale of a 59% stake of Nuomi.com, RENN’s group-buy platform, for $160M to Baidu (BIDU–$152.27–Buy). Among RENN’s current holdings, we believe 56.com, a UGC (user-generated content)-based platform, may be worth buying to an online video consolidator. Renren Inc (NYSE:RENN) shares ended the day on $3.30. 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 19.57%.
The Shareholders Foundation announces that an investigation on behalf of investors of Yelp Inc (NYSE:YELP) shares was initiated concerning potential securities laws violations by Yelp Inc and certain of its directors and officers in connection certain financial statements. Yelp Inc (NYSE:YELP) shares moved down -6.87% in last trading session and was closed at $65.76, while trading in range of $64.75 – 71.62. Yelp Inc (NYSE:YELP) year to date (YTD) performance is -4.63%.
Twitter Inc (NYSE:TWTR) -1.02% understands that if you can get other people to do your communications work for you, it can be a big boost to your business,” said Jonathan Taplin, director of the Innovation Lab at the Annenberg School of the University of Southern California in Los Angeles. “Twitter is certainly one of the most powerful tools available now to accomplish this goal.” Twitter Inc (NYSE:TWTR) weekly performance is -8.79%. On last trading day company shares ended up $43.14. Twitter Inc (NYSE:TWTR) distance from 50-day simple moving average (SMA50) is -20.86%. Analysts mean target price for the company is $50.96.
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