Investor’s Alert: Facebook Inc (NASDAQ:FB), LinkedIn Corp (NYSE:LNKD), Twitter Inc (NYSE:TWTR), MeetMe Inc (NASDAQ:MEET), Renren Inc (NYSE:RENN)

Technology Stocks News 4

Facebook Inc. (NASDAQ:FB) is the most important social media for news everywhere in the world: 35% of those surveyed use Facebook to get their news. In the United States, Spain, and the United Kingdom, Twitter Inc. (NYSE: TWTR) is widely used. Google Inc.’s (NASDAQ: GOOG) Google+ and Facebook’s WhatsApp are becoming more important sources for news as well. Facebook Inc (NASDAQ:FB) stock performance was 0.25% in last session and finished the day at $64.50. Traded volume was 46.47million shares in the last session and the average volume of the stock remained 64.88million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.50%.

LinkedIn Corp (NYSE:LNKD) has a strong mobile user base that is actively engaged so it is heavily focused on its native app strategy. LinkedIn pulled its Intro mobile service due to a lack of growth and has replaced its CardMunch app with an integration of the Evernote business card reading feature. LinkedIn has now launched a standalone iPhone app that is dedicated to job hunting. LinkedIn Corp (NYSE:LNKD) dropped -0.71 percent to $165.80 Friday on volume of 1.42million shares. The intra-day range of the stock was $162.86 to $167.33. LinkedIn Corp (NYSE:LNKD) has a market capitalization of $20.19billion.

Twitter Inc (NYSE:TWTR) came up on the news because of the lately absence of Ali Rowghani. Kara Swisher, the Re/code co-executive editor was on CNBC recently and she discussed the effect of Rowghani’s absence. Twitter Inc (NYSE:TWTR)’s stock on June 20, 2014 reported a increase of 0.87% to the closing price of $39.24. Its fifty two weeks range is $29.51-$74.73. The total market capitalization recorded $32.12billion. The overall volume in the last trading session was 41.50million shares. In its share capital, has 589.94million outstanding shares.

Investment analysts at Wunderlich initiated coverage on shares of MeetMe Inc (NASDAQ:MEET) in a note issued to investors on Wednesday, TheFlyOnTheWall.comreports. The firm set a “buy” rating and a $4.50 price target on the stock. Wunderlich’s target price would suggest a potential upside of 99.12% from the company’s current price. On Friday, shares of MeetMe Inc (NASDAQ:MEET) advanced 0.44% to close the day at $2.27. Company return on investment (ROI) is -11.40% and its monthly performance is recorded as 19.47%. MeetMe Inc (NASDAQ:MEET) quarterly revenue growth is -35.51%.

Chinese social networking giant Renren Inc. (NYSE:RENN) led the investment in Fundrise, joined by Collaborative Fund and a syndicate of angel investors including Silverstein Partners’ Marty Burger and Tal Kerret.. Renren Inc (NYSE:RENN) stock performance was -0.90% in last session and finished the day at $3.31. Traded volume was 623,323.00million shares in the last session and the average volume of the stock remained 1.00million shares. The beta of the stock remained 3.05. Renren Inc (NYSE:RENN) insider ownership is 7.91%.

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