Social Stocks Retreated: Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR), MeetMe Inc (NASDAQ:MEET), Yelp Inc (NYSE:YELP), LinkedIn Corp (NYSE:LNKD)

Facebook Inc (NASDAQ:FB) has happily paid a nice bounty payout to a hacker named Abhibandu. The hacker had discovered a new way to very easily hack into unverified Facebook accounts. In a blog post, he explained exactly how he hacked into the unverified accounts on the social networking platform. When new users sign up for a new account, they receive an email from Facebook to verify who they are. The account remains unverified until the new user checks this email and either clicks on the embedded link or punches the 5-digit code. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 3.18%. On last trading day company shares ended up $ 63.30. Analysts mean target price for the company is $ 77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 4.69%.

Twitter Inc (NYSE:TWTR), the messaging website that listed in November, has fallen to about $32 a share after peaking at $74 amid a slowdown in membership growth. Still, co-founder Evan Williams became a billionaire on paper on the first day of trading after the shares rose 73 percent. Twitter Inc (NYSE:TWTR) shares fell -4.59% in last trading session and ended the day on $ 32.44. TWTR Gross Margin is 61.20% and its return on assets is -34.60%. Twitter Inc (NYSE:TWTR) quarterly performance is -40.92%.

MeetMe Inc (NASDAQ:MEET) claims the introduction of a Friend Suggestions feature for its iPhone app – part of a very competitive social networking/messaging app landscape – has boosted iPhone friend requests by over 60%, and total friend requests by 30%. The feature will be added to MeetMe’s Android app in Q3. Shares are recovering a small portion of the losses they’ve seen since a May 8 EPS miss. MeetMe Inc (NASDAQ:MEET) shares moved down -2.38% in last trading session and was closed at $ 2.05, while trading in range of $ 1.99 – $ 2.14. MeetMe Inc (NASDAQ:MEET) year to date (YTD) performance is 12.02%.

Yelp Inc (NYSE:YELP) reviews are now used by New York City health officials to track down the people reporting health issues relating to faulty meals consumption. Disease Control and Prevention centres of Federal government published a report recently highlighting that the city’s Department of Health and Mental Hygiene had done a pilot project using Yelp reviews to be able to find unreported instances of food-borne diseases. Yelp Inc (NYSE:YELP) ended the last trading day at $ 66.15. Company weekly volatility is calculated as 4.33% and price to cash ratio as 11.87. Yelp Inc (NYSE:YELP) showed a positive weekly performance of 9.34%.

As if that is not enough, LinkedIn Corp (NYSE:LNKD) recently introduce a ranking feature that allows users to know how they rank or how their colleagues rank in terms of traffic. Although the CEO said that the feature should not be seen as a popularity contest, he does not rule out the possibility of the feature being an attraction for new members. LinkedIn Corp (NYSE:LNKD) net profit margin is -0.60% and weekly performance is 2.71%. On last trading day company shares ended up $ 160.09. Analysts mean target price for the company is $ 224.14. LinkedIn Corp (NYSE:LNKD) distance from 50-day simple moving average (SMA50) is -3.65%.

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