Some of the big social-media stories this year were Facebook timeline, Stop Online Piracy Act (SOPA), Kony 2012 (officially KONY 2012 or Kony2012) and and U.S. President Barack Obama’s re-election. Social media no longer represents a trend as it now is a way of life, according to an infographic by The SEO Company and Nowsourcing. The infographic reveals that users spend 121 billion minutes on social media, and that’s just in the U.S. alone.
While trading at volume lower than average, Facebook Inc (NASDAQ:FB) dropped -4.02% Friday after declaring the release of the Poke app for the iPhone and iPod Touch. The most interesting part is that the message can last for only one second to a maximum of 10 seconds.[article_detail_ad_1]
Its previous 52-week high was $45.00, trading at a volume of 54.56 million. Shares have fell -17.53% over the trailing 6 months. The stock is currently trading 12.35% above its SMA 50 and 6.73% above its SMA 200.
Elsewhere in the social media industry, LG is on track to release a new line of TVs that will be powered by Google TV 3.0. LG’s new models GA7900 and GA6400 are expected to launch at CES 2013 and will feature different display sizes ranging from 42-inches to 60-inches.
A quick look on Google Inc (NASDAQ:GOOG)’s price history reveals beta used to measure the volatility or systematic risk in comparison to the market as a whole was 1.23 and the percentage change in the price over the past 52 weeks remained at +11.77%. The price range in those 52 weeks had a best score of $774.38 on Oct 05, 2012 while lowest level during that period was $556.52 on Jun 14, 2012.
Linkedin Corporation (NYSE:LNKD)’s shares rallied 81.10% so far in 2012. It recently signed a deal with Kilroy Realty Corp. Pursuant to the deal Kilroy has acquired a 12-acre parcel in Sunnyvale, Calif., where it will build a 587,000 square-foot office complex for LinkedIn Corp. The stock has percentage change in the price over the last fifty two weeks remained at 81.50%. The price range in that 1-year period had a best hit of $125.50 on Sep 14, 2012 while lowest level in the same period was $61.28 on Jun 04, 2012.
So far, the share price of Yahoo! Inc. (NASDAQ:YHOO) jumped 19.96% in this year and stock’s price history revealed that beta was maintained at 0.97 and the percentage change in the price over the last fifty two weeks remained as 20.26%. Needham & Company recently lifted their price target on Yahoo! stock from $19.00 to $26.00.
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