Facebook Inc (NASDAQ:FB) is hoping the World Cup will win it the upper hand in live events marketing, as it takes on Twitter and even the TV networks by claiming it can reach 500m football fans. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 1.26%. On last trading day company shares ended up $62.50. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 3.90%.
On May 29, Inc (NASDAQ:MEET), the public market leader for social discovery, has launched its Friend Suggestions feature on its iPhone application. The feature, previously available on the web platform, surfaces a “People You Might Like” section within Feed and Friends, with the goal of driving more friend requests, new friendships, and ultimately, new chat conversations. Inc (NASDAQ:MEET) shares advanced 1.08% in last trading session and ended the day on $1.87. MEET return on assets is -7.30%. MeetMe Inc (NASDAQ:MEET) quarterly performance is -50.53%.
Shares of Internet video game maker Zynga Inc (NASDAQ:ZNGA) are falling after the company’s CEO sounded cautious about its profitability and declined to provide details about its longer term outlook. WHAT’S NEW: During a question and answer session with an analyst at Bank of America Merrill Lynch’s technology conference yesterday, Zynga CEO Don Mattrick was asked if he felt good about his company’s EBITDA margins and its mobile game business. EBITDA is earnings before interest taxes depreciation and amortization. “We’re nowhere near where we should be when we ultimately have executed,” Marritck stated, according to a transcript of the interview. Investments on growth are holding back the company’s margins, the CEO indicated, adding that “we can do better on margins and EBITDA, no doubt about it.” During a subsequent part of the interview, the analyst, noting that Mattrick had previously said that he expected Zynga to launch “two or three winners,” asked the CEO what would distinguish Zynga over the next two to three years. Zynga Inc (NASDAQ:ZNGA) shares moved up 0.17% in last trading session and was closed at $2.97, while trading in range of $2.91 – $3.07. Zynga Inc (NASDAQ:ZNGA) year to date (YTD) performance is -21.58%.
Among social media outlets, LinkedIn Corp (NYSE:LNKD) is one of the more straightforward: a respectable photo, a flattering but brief work bio, and perhaps some quirky personal interests. A little dull maybe, but that’s about all a recruiter needs to know about you. LinkedIn Corp (NYSE:LNKD) ended the last trading day at $156.80. Company weekly volatility is calculated as 3.25% and price to cash ratio as 8.28. LinkedIn Corp (NYSE:LNKD) showed a negative weekly performance of -2.06%.
TheStreet Ratings team rates Yelp Inc(NYSE:YELP) as a Sell with a ratings score of D+. Yelp Inc(NYSE:YELP) shares moved up 0.35% in last trading session and was closed at $65.23, while trading in range of $64.08 – $66.00. Yelp Inc(NYSE:YELP) year to date (YTD) performance is -5.40%.