Social Stocks To Watch: Facebook (NASDAQ:FB), Baidu (NASDAQ:BIDU), Zynga (NASDAQ:ZNGA), Twitter (NYSE:TWTR)

The stock price of Facebook Inc (NASDAQ:FB) went up more than 7% to $62.41 per share after its chief operating officer, Sheryl Sandberg dismissed speculations that she is planning to leave the company to run for a political office on Wednesday. The social network giant’s recent gain was the highest since January 30th. Facebook Inc (NASDAQ:FB) shares after opening at $63.08 moved to $63.18 on last trade day and at the end of the day closed at $59.16. Company price to sales ratio in past twelve months was calculated as 19.27 and price to cash ratio as 13.25. Facebook Inc (NASDAQ:FB) showed a negative weekly performance of -0.55%.

Baidu Inc (ADR) (NASDAQ:BIDU) deviates from the strategy followed by other internet leaders by slowing down its acquisition spree rather than joining companies like Tencent and Alibaba, who are aggressively entering into deals.  It has been the busiest time for China’s internet sector with almost every major company acquiring a start-up and making deals, says a report from SCMP. Baidu Inc (ADR) (NASDAQ:BIDU) shares fell -4.26% in last trading session and ended the day on $150.97. BIDU return on equity ratio is recorded as 45.70% and its return on assets is 25.90%. Baidu Inc (ADR) (NASDAQ:BIDU) yearly performance is 70.09%.

Zynga Inc. (NASDAQ:ZNGA) announced that the Company has appointed David Lee as Chief Financial Officer and Chief Accounting Officer effective April 14, 2014. Lee will oversee accounting, corporate finance and investor relations and will report directly to Chief Executive Officer Don Mattrick. Lee succeeds CFO and CAO Mark Vranesh who will be leaving the company. Lee will be working with Vranesh over the next month to ensure a seamless transition of responsibilities. Zynga Inc (NASDAQ:ZNGA) shares moved down -6.86% in last trading session and was closed at $4.07, while trading in range of $4.05-$4.40. Zynga Inc (NASDAQ:ZNGA) year to date performance is 7.11%.

Twitter Inc (NYSE:TWTR)’s chief financial officer Mike Gupta’s move from Zynga Inc (NASDAQ:ZNGA) has paid off very well. According to the microblogging company’s proxy statement filed with the SEC, Gupta earned $24.6 million in 2013. Of that, $241,667 was in the form of salary, and the rest in stock awards. He worked as treasurer of Zynga before moving to Twitter in December 2012. Twitter Inc (NYSE:TWTR) weekly performance is -6.15%. On last trading day company shares ended up $41.34. Twitter Inc (NYSE:TWTR) distance from 50-day simple moving average is -22.08%. Analysts mean target price for the company is $50.96.