Social Stocks In Focus: Facebook Inc (NASDAQ:FB), Zynga Inc (NASDAQ:ZNGA), Twitter Inc (NYSE:TWTR), Renren Inc (NYSE:RENN)

MKM Partners sees little demand for BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB)’s hardware. Since the $19 billion acquisition of WhatsApp by Facebook Inc (NASDAQ:FB), speculations around a potential sale of BBM have grown. Chen said he is not looking to sell BBM immediately, at least not until the platform begins to boast of a strong user base. Facebook Inc (NASDAQ:FB) stock performance was 0.97% in last session and finished the day at $60.97. Traded volume was 5,004.00million shares in the last session and the average volume of the stock remained 59.85million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.60%.

Zynga Inc (NASDAQ:ZNGA) was the recipient of unusually large options trading on Thursday. Traders bought 77,357 call options on the stock, Analyst RN reports. Zynga Inc (NASDAQ:ZNGA) dropped -3.66 percent to $4.47 Thursday on volume of 100.00million shares. The intra-day range of the stock was $4.36 to $4.63. Zynga Inc (NASDAQ:ZNGA) has a market capitalization of $3.92billion.

One of the biggest upward movers on the Big Board today is Twitter Inc (NYSE:TWTR), which has advanced 3.8% to $46.13 amid chatter of a new music strategy expected to debut this week. Twitter Inc (NYSE:TWTR)’s stock on Mar 27, 2014 reported a increase of 4.25% to the closing price of $46.32. Its fifty two weeks range is $38.80 -$74.73. The total market capitalization recorded $27.25billion. The overall volume in the last trading session was 3,410.00million shares. In its share capital, TWTR has 362.62million outstanding shares.

The Chinese networking website was seen as such a can’t-miss stock on Wall Street that its initial public offering fetched a price that made the company more than twice as valuable as Facebook Inc. At $14 a share, Renren Inc (NYSE:RENN) debuted at a level equal to 72 times annual sales. On Thursday, shares of Renren Inc (NYSE:RENN) close the day at $3.18. Company return on investment (ROI) is -8.40% and its monthly performance is recorded as -7.29%. Renren Inc (NYSE:RENN) quarterly revenue growth is 6.00%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone