Facebook Inc (NASDAQ:FB) received the approval of the United States Federal Trade Commission (FTC) to acquire WhatsApp for $19 billion, but warned both companies regarding its use data collection policies. Facebook Inc (NASDAQ:FB) shares fell -5.12% in last trading session and ended the day on $159.16. FB return on equity ratio is recorded as 11.30% and its return on assets is 9.40%.Facebook Inc (NASDAQ:FB) yearly performance is 111.13%.
Renren Inc (NYSE:RENN) CEO Joseph Chen claims he is unfazed by the condition of the social network’s stock, despite it shedding almost 80% since its May 2011 IPO. “Building a company for long-term success, you’re going to have your own ups and downs,” Chen said. “We try consciously to let ourselves not be influenced by the stock price. We try to stay optimistic when the stock is high or low.” (CNBC) Renren Inc (NYSE:RENN) shares fell -2.08% in last trading session and ended the day on $3.30. RENN return on equity ratio is recorded as -5.20% and its return on assets is -4.70%. Renren Inc (NYSE:RENN) yearly performance is 16.20%.
Analysts at SunTrust lowered their target price on shares of Twitter Inc (NYSE:TWTR) from $60.00 to $55.00 in a research report issued to clients and investors on Thursday, Stock Ratings News reports. SunTrust’s price target suggests a potential upside of 9.74% from the stock’s previous close. Twitter Inc (NYSE:TWTR) shares moved down -2.71% in last trading session and was closed at $41.34, while trading in range of $ 40.93 – 43.25. Twitter Inc (NYSE:TWTR) year to date (YTD) performance is -35.05%.
Topeka Capital Markets upgraded shares of LinkedIn Corp (NYSE:LNKD) from a hold rating to a buy rating in a research report sent to investors on Wednesday morning, TheFlyOnTheWall.com reports. The firm currently has $230.00 price target on the stock. LinkedIn Corp (NYSE:LNKD) weekly performance is -3.94%. On last trading day company shares ended up $169.99. LinkedIn Corp (NYSE:LNKD) distance from 50-day simple moving average (SMA50) is -13.84%. Analysts mean target price for the company is $252.71.