Tech Stocks In News: Zynga Inc (NASDAQ:ZNGA), Yelp Inc (NYSE:YELP), Groupon Inc (NASDAQ:GRPN), Twitter Inc (NYSE:TWTR)

Posted by on Feb 10, 2014

Zynga Inc (NASDAQ:ZNGA) released its fourth quarter and full year earnings, which caused the stock price to shoot up by 20%. Zynga Inc (NASDAQ:ZNGA) stock opened at $4.44 in last session, and closed at $4.53, while the day range of ZNGA stock is $4.40 – $4.60. The stock showed a positive weekly performance of 2.95%.

BN Securities raised their target price on shares of Yelp Inc (NASDAQ:YELP) from $100.00 to $110.00 in a research note issued on Friday. Yelp Inc (NYSE:YELP) stock opened at $89.57, in last session and closed at $89.41, by losing -0.06%. The 52 week range of YELP is $20.94 – $91.49. Company’s market capitalization is $5.91billion.

Groupon Inc (NASDAQ:GRPN) gets another competitor in its business as the rival Coupons.com Inc. prepares to step in through its $100 million initial public offering. Groupon Inc (NASDAQ:GRPN) stock advanced 4.82% and finished the last session at $10.87. The EPS of the stock remained -0.15. Company’s market capitalization is $7.26billion.

Twitter Inc (NYSE:TWTR) reported a strong revenue and EBITDA quarter, posting substantial upside to estimates. Twitter Inc (NYSE:TWTR) stock opened the session at $51.23, and closed the session at $54.35. The 52 week range of the TWTR stock remained $38.80 – $747.73 and the day range was $50.75 – $54.92.

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