Qihoo 360 Technology Co Ltd (NYSE:QIHU)’s shares fell 0.86% and closed at $93.14. At Mobile Asia Expo 2014 on June 11, Qihoo 360 launched a fresh update for its 360 Browser with two new features, File Download Scanner and World Cup 2014 Promotion. With this update, 360 Browser hopes to bring users a combination of enhanced Internet security and lifestyle features. Qihoo 360 Technology Co Ltd (NYSE:QIHU), net profit margin is 17.30% and weekly performance is -7.86%. On last trading day company shares ended up $85.57. Analysts mean target price for the company is $137.55. Qihoo 360 Technology Co Ltd (NYSE:QIHU), distance from 50-day simple moving average (SMA50) is 0.29%.
Renren Inc (NYSE:RENN), shares saw an uptick in trading volume on Thursday following a better than expected earnings announcement, American Banking & Market News reports. 1,848,050 shares changed hands during mid-day trading, an increase of 109% from the previous session’s volume of 884,319 shares.The stock last traded at $3.25 and had previously closed at $3.17. Renren Inc (NYSE:RENN), fell 0.62% in last trading session and ended the day on $3.18. RENN, Gross Margin is 49.30% and its return on assets is 7.60%. Renren Inc (NYSE:RENN), quarterly performance is -4.79%.
Wunderlich initiated coverage on shares of MeetMe Inc (NASDAQ:MEET), in a research note released on Wednesday morning, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $4.50 target price on the stock. MeetMe Inc (NASDAQ:MEET), shares moved up 9.05% in last trading session and was closed at $2.65, while trading in range of $2.43 – 2.66. MeetMe Inc (NASDAQ:MEET), year to date (YTD) performance is 44.81%.
Yelp Inc (NYSE:YELP), was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday. The firm currently has a $79.00 target price on the stock. Zacks‘s target price suggests a potential downside of 0.47% from the stock’s previous close. Yelp Inc (NYSE:YELP), ended the last trading day at $71.36. Company weekly volatility is calculated as 6.32% and price to cash ratio as 12.81. Yelp Inc (NYSE:YELP), showed a negative weekly performance of 8.08%.