HoT STocks: MeetMe Inc (NASDAQ:MEET), Baidu Inc (ADR) (NASDAQ:BIDU), Yelp Inc (NYSE:YELP), Weibo Corp (ADR) (NASDAQ:WB), SouFun Holdings Ltd (NYSE:SFUN)



MeetMe Inc (NASDAQ:MEET) announced its earnings results on Thursday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.06, AnalystRatingsNetwork.com reports. The company had revenue of $9.50 million for the quarter, compared to the consensus estimate of $9.38 million. MeetMe Inc (NASDAQ:MEET) stock performance was -0.87% in last session and finished the day at $2.27. Traded volume was 377.8K shares in the last session and the average volume of the stock remained 1.26million shares. The beta of the stock remained 2.50. MeetMe Inc (NASDAQ:MEET) insider ownership is 0.60%.

In order to help PC and smartphone users worldwide who are looking for simpler ways to improve their digital lives, Baidu Inc (NASDAQ: BIDU), the world’s leading Chinese search engine and developer of award-winning PC, Web and mobile products, today announced the launch of its global PowerUP campaign. Beginning May 13th, Baidu Inc (ADR) (NASDAQ:BIDU) PowerUP will kick off with an online sweepstakes campaign, and will conclude in June in the form of live events in select cities around the globe. Baidu Inc (ADR) (NASDAQ:BIDU) dropped -2.36 percent to $156.11 Tuesday on volume of 2.91million shares. The intra-day range of the stock was $155.12 to $159.61. Baidu Inc (ADR) (NASDAQ:BIDU) has a market capitalization of $54.70billion.

Yelp Inc (NASDAQ:YELP) had its price objective decreased by MKM Partners from $110.00 to $86.00 in a research report released on Monday morning, Analyst RN reports. MKM Partners currently has a buy rating on the stock. Yelp Inc (NYSE:YELP)’s stock on May 13, 2014 reported a decrease of -1.89% to the closing price of $55.53. Its fifty two weeks range is $26.75 -$101.75. The total market capitalization recorded $3.94billion. The overall volume in the last trading session was 6.04million shares. In its share capital, YELP has 71.66million outstanding shares.

The absence of U.S. social media companies in China has spurred a boom of local Web firms. Sina Corp.’s Weibo Corp (ADR) (NASDAQ:WB), a Chinese service that works like Twitter, has more than 129 million monthly active users and went public in the U.S. last month. Tencent Holdings’s WeChat, which would compete with WhatsApp, the messaging app that Facebook agreed to acquire for about $19 billion, has 355 million users. On Tuesday, shares of Weibo Corp (ADR) (NASDAQ:WB) advanced 2.77% to close the day at $20.06. Company return on investment (ROI) is -222.20%.

SouFun Holdings Ltd (NYSE:SFUN) Sponsored ADR Class A (SFUN) operates a real estate Internet portal, and a home furnishing and improvement website in the People’’s Republic of China. Trade volume has increased significantly over the past week, down 168.3%. SouFun Holdings Ltd (NYSE:SFUN) stock performance was -1.46% in last session and finished the day at $11.51. Traded volume was 6.12million shares in the last session and the average volume of the stock remained 4.00million shares. The beta of the stock remained 2.19. SouFun Holdings Ltd (NYSE:SFUN) insider ownership is 0.37%.

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