The uproar over what the critics call Facebook Inc (NASDAQ:FB)’s “secret emotional manipulation study” continues to rage, proving that nothing in modern life is safe from the online tantrum industry. Trigger warning: Social networkers are not obligated to share the details of their private lives with a free website. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is -1.45%. On last trading day company shares ended up $66.45. Analysts mean target price for the company is $77.86. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 6.88%.
A Massachusetts man was charged with hacking help-desk provider Zendesk Inc. (ZEN) and taking over the Twitter Inc (NYSE:TWTR) accounts of Fiat SpA’s Jeep and another company. Twitter Inc (NYSE:TWTR) shares fell -0.67% in last trading session and ended the day on $41.77. TWTR Gross Margin is 61.20% and its return on assets is -34.60%. Twitter Inc (NYSE:TWTR) quarterly performance is -8.66%.
TheStreet Ratings team reiterated its “sell” rating for Zynga Inc (NASDAQ:ZNGA) with a ratings score of D+. Zynga Inc (NASDAQ:ZNGA) shares moved down -0.93% in last trading session and was closed at $3.20, while trading in range of $3.19 – $3.26. Zynga Inc (NASDAQ:ZNGA) year to date (YTD) performance is -15.79%.
LinkedIn Corp (NYSE:LNKD) Director David L. Sze unloaded 6,250 shares of the company’s stock on the open market in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $172.70, for a total transaction of $1,079,375.00. Following the completion of the transaction, the director now directly owns 85,688 shares in the company, valued at approximately $14,798,318. LinkedIn Corp (NYSE:LNKD) ended the last trading day at $172.42. Company weekly volatility is calculated as 2.22% and price to cash ratio as 9.10. LinkedIn Corp (NYSE:LNKD) showed a positive weekly performance of 1.42%.
On Jun 30, 2014, Yik Yak, the social messaging app for private, localized engagement, announced it has secured a fresh $10 million in funding led by DCM and joined by Azure Capital Partners, Renren Inc. (NYSE: RENN), a leading social networking company in China, and venture capitalist Tim Draper. The Series A influx of capital will be used to build out infrastructure, hire new engineers, and bring the app to virtually all U.S. college campuses by the end of the year. Renren Inc (NYSE:RENN) shares moved up 0.59% in last trading session and was closed at $3.41, while trading in range of $3.40 – $3.48. Renren Inc (NYSE:RENN) year to date (YTD) performance is 11.80%.