Although Facebook Inc (NASDAQ:FB) CEO Mark Zucker berg, one of the richest people on the planet, cut his salary from half a million dollars to just a buck in 2013, his private aircraft flights ran the company’s tab up by $653,164. Facebook Inc (NASDAQ:FB) shares after opening at $60.78 moved to $61.52 on last trade day and at the end of the day closed at $60.24. Company price to sales ratio in past twelve months was calculated as 19.51 and price to cash ratio as 13.42. Facebook Inc (NASDAQ:FB) showed a negative weekly performance of -6.02%.
Twitter Inc (NYSE:TWTR) is surely having problems as a public company. The problem is not with its core product or with the advertising money; instead, the real problem is that its own executives are worried “that not enough people use it,” says a report from Forbes by Eric Jackson. Owing to such problem, the micro blogging site is facing pressure from Wall Street to expand its user base and make users spend more time on the site. Twitter Inc (NYSE:TWTR) shares moved down -1.33% in last trading session and was closed at $46.67, while trading in range of $ 46.43 – 47.75. Twitter Inc (NYSE:TWTR) year to date (YTD) performance is -26.68%.
Renren Inc (NYSE:RENN) has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Earnings per share have declined over the last year. We anticipate that this should continue in the coming year. During the past fiscal year, RENREN swung to a loss, reporting -$0.19 versus $0.11 in the prior year. For the next year, the market is expecting a contraction of 21.1% in earnings (-$0.23 versus -$0.19). Renren Inc (NYSE:RENN) shares moved down 3.15% in last trading session and was closed at $3.27, while trading in range of $ 3.16 – 3.32. Renren Inc (NYSE:RENN) year to date (YTD) performance is 7.21%.
Investment analysts at Wunderlich boosted their price objective on shares of Yelp Inc (NASDAQ:YELP) from $90.00 to $105.00 in a note issued to investors on Thursday, Analyst Ratings.Net reports. The firm currently has a “buy” rating on the stock. Wunderlich’s price target indicates a potential upside of 36.49% from the stock’s previous close. Yelp Inc (NYSE:YELP) weekly performance is -5.22%. On last trading day company shares ended up $76.93. Yelp Inc (NYSE:YELP) distance from 50-day simple moving average (SMA50) is -10.98%. Analysts mean target price for the company is $91.55
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