A few days after selling WhatsApp to Facebook Inc. (NASDAQ:FB) for US$19bil (RM62.21bil), Jan Koum stepped into a suite at the St. Regis Hotel in San Francisco to celebrate with old friends, including CEOs, reformed hackers and a few people who fell into both those camps. Facebook Inc. (NASDAQ:FB) stock opened at $71.08 in last session, and closed at $69.80, while the day range of Facebook Inc. (NASDAQ:FB) stock is $69.47 – $71.18. The stock showed a positive weekly performance of 1.96%.
Twitter Inc. (NYSE:TWTR) is a global social network that provides its users with the opportunity to express themselves and communicate in real time. According to a company filing, Twitter paid 36 million dollars for the acquisition of a total 900 patents from International Business Machines Corp. Twitter Inc. (NYSE:TWTR) stock opened at $55.18 in last session, and closed at $53.53 by losing -2.37%. The 52 week range of $38.80 – $74.73. Company’s market capitalization is $19.41 billion.
Yelp Inc. (NASDAQ:YELP) SVP Joseph R. Nachman sold 45,000 shares of Yelp stock on the open market in a transaction dated Thursday, March 6th. The shares were sold at an average price of $98.44, for a total transaction of $4,429,800.00. Yelp Inc. (NYSE:YELP) stock decreased -0.56% and finished the last session at $97.25. The EPS of the stock remained -0.21. Company’s market capitalization is $6.37 billion.
The company announced that it will report its unaudited financial results for the fourth quarter and fiscal year 2013 on Tuesday, March 18, 2014, after the close of the U.S. markets. Renren Inc. (NYSE:RENN) stock opened the session at $4.41, and closed the session at $4.21. The 52 week range of the Renren Inc. (NYSE:RENN) stock remained $2.52 – $4.79 and the day range was $4.20 – $4.47.
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