Facebook Inc (NASDAQ:FB) is planning to start off a sales office in China, a destination, which has of late became an important place for the social networking site. The company is looking to open the sales office within a year in order to cater to the local advertisers, who utilize its services for overseas customers, according to a Bloomberg report. Facebook Inc. (NASDAQ:FB) stock opened today at $59.53 and is currently trading at $60.19. The stock showed a positive weekly performance of 2.22%.
Glu Mobile (NASDAQ:GLUU) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Monday, Analyst Ratings.Net reports. They currently have a $5.00 price objective on the stock. Zacks‘s target price would indicate a potential upside of 27.88% from the stock’s previous close. Glu Mobile Inc. (NASDAQ:GLUU) stock opened at $3.92, in current trading session and currently is at $3.94, by losing -0.51%. The 52 week range of $2.10 – $5.65. Company’s market capitalization is 320.35 million.
LinkedIn Corp logoNed Davis Research upgraded shares of LinkedIn Corp (NYSE:LNKD) from a sell rating to a neutral rating in a research report released on Monday morning, Analyst RN reports. LinkedIn Corp (NYSE:LNKD) stock is currently trading at $145.75. The EPS of the stock is -0.12. Company’s market capitalization is 17.75 billion.
Game maker Zynga Inc. (NASDAQ:ZNGA) for instance, paid $228 million for a big brick building in 2012. But as it has struggled to grow, Zynga is now leasing 100,000 square feet to an online medical-records company. Zynga Inc. (NASDAQ:ZNGA) stock opened the session at $3.64, and now is at $3.61. The 52 week range of the Zynga Inc. (NASDAQ:ZNGA) stock remained $2.50 – $5.89 and the day range was $3.57 – $3.68.
SolarCity Corp. (NASDAQ: SCTY) is a pure-play leader in the fast-growth, roof-top solar as a service market. With many long-term contracts providing visibility into future cash flows, the company is a top name for risk tolerant investors to own. UBS has a gigantic $90 price target for the stock. SolarCity Corp (NASDAQ:SCTY) stock opened at $54.17, in current trading session and currently is at $55.65, by gaining 2.34%. The 52 week range of $28.31 – $88.35. Company’s market capitalization is 5.13 billion.
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