MeetMe, Inc. (NYSEMKT:MEET), the public market leader for social discovery, announced that its people discovery app Choosy is now available for iPhone users. MeetMe launched Choosy for Android at the end of last year as part of the company’s stand-alone application strategy, and it has consistently ranked in the top 50 in the free social category in the Google Play Store. MeetMe Inc (NYSEMKT:MEET) stock opened at $2.59 in last session, and closed at $2.45, while the day range of stock is $2.44- $2.65. The stock showed a negative weekly performance of -7.89%.
Tesla Motors Inc. (NASDAQ:TSLA) was given a huge boost in its price target. Morgan Stanley reiterated its Overweight rating, but the firm raised the price target all the way up to $320 from just $153. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $208.32, in last session and closed at $217.65, by gaining 3.84%. The 52 week range of the stock is $33.80 – $218.36. Company’s market capitalization is $26.68 billion.
General Motors Company (NYSE:GM) Korea announced in late January the elimination of 1,100 auto jobs—an entire shift—at its Gunsan factory. The Korean Metal Workers Union (KMWU) immediately stepped in to lend its services. “Job cuts are inevitable because of reduced production. We will settle the situation through negotiations,” one union official told Business Korea . General Motors Company (NYSE:GM) stock decreased -0.38% and finished the last session at $36.55. The EPS of the stock remained 2.38. Company’s market capitalization is $58.11 billion.
On Monday, Goldman Sachs upgraded Baidu, Inc. (NASDAQ:BIDU) from Neutral to Buy. Piyush Mubayi, analyst at Goldman, highlighted Baidu’s “leading position in map services and location-based technology” as a source of opportunity. Baidu Inc (ADR) (NASDAQ:BIDU) stock opened the session at $175.53, and closed the session at $172.53. The 52 week range of the stock remained $82.98 – $185.50 and the day range was $172.01- $176.00.