Tag: twitter

  • Social Stocks On the move: Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR), MeetMe Inc (NASDAQ:MEET), Yelp Inc (NYSE:YELP), Zynga Inc (NASDAQ:ZNGA)

    Facebook Inc (NASDAQ:FB) Chief Mark Zuckerberg has looked to Bay Area for his philanthropic activities. The billionaire founder of the world’s most famous social networking company offered to donate $120 million to support schools in the low-income Bay Area communities. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 4.59% .On last trading day company shares ended up $63.30. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 4.69%.

    On 28 MAY Omnicom Media Group Inc. (NYSE:OMC) and Twitter Inc (NYSE:TWTR) have signed a deal that helps the former delve deeper into social media marketing on mobile devices. The $230-million deal, which will hold for over two years, will see Omnicom’s automated ad buying arm Accuen integrated with the microblogging platform’s mobile ad exchange, MoPub. Twitter Inc (NYSE:TWTR) shares fell -4.59% in last trading session and ended the day on $32.44. TWTR Gross Margin is 61.20% and its return on assets is -34.60%. Twitter Inc (NYSE:TWTR) quarterly performance is -40.92%.

    On 29 MAY MeetMe Inc (NASDAQ:MEET) claims the introduction of a Friend Suggestions feature for its iPhone app – part of a very competitive social networking/messaging app landscape – has boosted iPhone friend requests by over 60%, and total friend requests by 30%. The feature will be added to MeetMe Inc (NASDAQ:MEET)’s Android app in Q3. MeetMe Inc (NASDAQ:MEET) shares moved down -2.38% in last trading session and were closed at $2.05, while trading in range of $1.99 – $2.14. MeetMe Inc (NASDAQ:MEET) year to date (YTD) performance is 12.02%.

    On 28 MAY Yelp Inc (NYSE:YELP) said that his reviews are now used by New York City health officials to track down the people reporting health issues relating to faulty meals consumption. Disease Control and Prevention centres of Federal government published a report recently highlighting that the city’s Department of Health and Mental Hygiene had done a pilot project using Yelp reviews to be able to find unreported instances of food-borne diseases. Yelp Inc (NYSE:YELP) ended the last trading day at $66.15. Company weekly volatility is calculated as 4.33%and price to cash ratio as 11.87. Yelp Inc (NYSE:YELP) showed a positive weekly performance of 9.34%.

    Zynga Inc (NASDAQ:ZNGA) carved a niche for itself as a provider of social game services. However, the company has been seeking to transition into mobile games market where opportunities are attractive. The recent months have seen the company discontinue several of its social games offerings especially on Facebook Inc (NASDAQ:FB). Zynga Inc (NASDAQ:ZNGA) net profit margin is -13.20% and weekly performance is 4.55%. On last trading day company shares ended up $3.45. Analysts mean target price for the company is $4.62. Zynga Inc (NASDAQ:ZNGA) distance from 50-day simple moving average (SMA50) is -14.28%.