The solar power service provider SolarCity Corp (NASDAQ:SCTY) finally came up with its fourth quarter 2013 bottom-line results. The company posted an adjusted fourth-quarter loss of 46 cents per share, narrower than a loss of $1.10 per share in the year-ago quarter. The reported loss was also narrower than the Zacks Consensus Estimate of a loss of 56 cents. The company’s shares jumped more than 4% yesterday closing at $77.10. SolarCity Corp (NASDAQ:SCTY) stock opened today at $72.58 and is currently trading at $72.65. The stock showed a negative weekly performance of -7.39%.
Facebook Inc (NASDAQ:FB) is obviously growing rapidly in mobile advertising given the fact that its market share was only 5.4% in 2012, and spiked to 17.5% last year. eMarketer estimated that the social network giants market share will grow by another 4.2% to 21.7%, and suggested that its gains come from Google Inc’s (NASDAQ:GOOG) market share. Facebook Inc (NASDAQ:FB) stock opened at $68.01, in current trading session and currently is at $67.71, by loosing -0.75%.The 52 week range of $22.67-$72.59. Company’s market capitalization is $172.56 billion.
After its listing on November 7, 2013, the Twitter Inc (NYSE:TWTR) reported a loss of $511 million in its 4Q2013 results. As Twitter CEO, Dick Costolo, makes his first China trip — where it has been banned since 2009 — investors are in a bit of a quandary as to whether Twitter will be able to keep growing its user base or not. In recent months, Twitter’s user growth seems to have stalled. Twitter Inc (NYSE:TWTR) stock is currently trading at $51.01 .The EPS of the stock is -1.69. Company’s market capitalization is $30.01 billion.
The analysts note that Zynga Inc (NASDAQ:ZNGA) management seems confident that the company will be able to hit its profitability and bookings goals. As a result, they believe Zynga will regularly increase its guidance while it executes its turnaround strategy. They don’t think the game maker will be able to deliver “meaningful” growth in profits for “several” more quarters though, as they believe Zynga will keep reinvesting in revenue growth so that it can gain market share. Nonetheless, they believe 30% contribution margins are achievable in the long run as Zynga grows its revenues beyond $1 billion. Zynga Inc (NASDAQ:ZNGA) stock opened the session at $5.12, and now is at $5.27. The 52 week range of the ZNGA stock remained $2.50-$5.89 and the day range was $5.01-$5.28.
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