United States-based Facebook Inc. (NASDAQ:FB) operator of the world’s largest social networking site, said its business aiding China’s exporters to reach global markets is seeing fast growth even as its main Internet services remain blocked in the nation. Facebook Inc. (NASDAQ:FB) shares after opening at $60.98 moved to $61.15 on last trade day and at the end of the day closed at $58.53.
After posting up their fourth quarter annual financial report, Electronic Arts Inc. (NASDAQ:EA) has revealed that the publisher will be airing their E3 2014 live broadcast on Tuesday, June 10th at 5:00AM AEST. Hosted by Chief Executive Officer Andrew Wilson at the Shine Expo Hall in Los Angeles, the live event will feature “never-before-seen content” from EA’s upcoming games as well as sneak peeks at new projects and intellectual properties currently in development. Electronic Arts Inc. (NASDAQ:EA) shares fell -2.47% in last trading session and ended the day on $28.05.
Yahoo! Inc. (NASDAQ:YHOO) has recently made an announcement that it will stop honoring the requests made by the users’ browsers on their behalf not to be monitored for advertising. The announcement was made on the company’s blog. It stated that it won’t enable Do Not Track (DNT) requests effective immediately. Yahoo! Inc. (NASDAQ:YHOO) shares moved down 1.14% in last trading session and was closed at $36.49, while trading in range of $36.48 – $37.17.
Groupon Inc. (NASDAQ:GRPN) ongoing effort to remake itself as an e-commerce retailer is a smart move, but the company has a way to go to prove its strategy, analysts said. Shares in the Chicago-based online deals company sank in after-hours trading Tuesday after Groupon reported that losses multiplied in the first quarter compared with a year earlier and forecast second-quarter earnings that trailed analysts’ expectations. On last trading day company shares ended up $6.72.
Twitter Inc. (NYSE:TWTR) stock sank to an all-time low after a post-IPO lock-up period preventing employees and early investors from selling expired on Tuesday. Lock-up periods prevent company insiders from selling stock following an initial public offering. CEO Dick Costolo and co-founders Jack Dorsey and Evan Williams have said that they had no plans to sell their stock when the lock-up expired, 180 days after Twitter’s initial public offering. Twitter Inc. (NYSE:TWTR) shares after opening at $35.61 moved to $36.10 on last trade day and at the end of the day closed at $31.85.