LinkedIn Corp. (NYSE:LNKD) said that it plans to kill its Intro app, less than four months after its release. The iOS app linked directly into users’ email and caused a stir over security concerns. LinkedIn Corp (NYSE:LNKD) stock opened at $210.19 in last session, and closed at $209.59, while the day range of LNKD stock is $201.98 – $211.78. The stock showed a negative weekly performance of -2.61%.
The $92 million market capped social media technology company MeetMe Inc (NYSEMKT:MEET) has had to fend of allegations latterly which allege that its social media platforms have security loopholes which enable online stalkers and paedophiles to target unsuspecting teenagers and young adults using its platform. MeetMe Inc (NYSEMKT:MEET) stock opened at $2.44, in last session and closed at $2.59, by gaining 7.02%. The 52 week range of MEET is $1.07 – $3.20. Company’s market capitalization is $99.66million.
In a report published Friday, Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating on RetailMeNot (NASDAQ:SALE), and raised the price target from $38.00 to $44.00. RetailMeNot Inc (NASDAQ:SALE) stock advanced 3.42% and finished the last session at $38.54. The EPS of the stock remained 0.04. Company’s market capitalization is $1.95billion.
Yahoo Inc. (NASDAQ:YHOO) will form a partnership with reviews provider Yelp Inc. to bolster search results and draw users, according to a person with knowledge of the deal. Yahoo! Inc. (NASDAQ:YHOO) stock opened the session at $36.65, and closed the session at $37.23. The 52 week range of the YHOO stock remained $20.30 – $41.72 and the day range was $36.24 – $37.27.
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