Social Stocks In News: Facebook Inc (NASDAQ:FB), Renren Inc (NYSE:RENN), Zynga Inc (NASDAQ:ZNGA), LinkedIn Corp (NYSE:LNKD)



Facebook Inc (NASDAQ:FB) is growing signficantly in China even though the site was banned by Chinese government in 2009. The social media giant’s vice president Vaughn Smith recently spoke at GMIC Beijing about his company’s growth. Facebook Inc (NASDAQ:FB) stock performance was -4.39% in last session and finished the day at $58.53. Traded volume was 5,977.00million shares in the last session and the average volume of the stock remained 70.05million shares. Facebook Inc (NASDAQ:FB) insider ownership is %.

In China, Renren Inc (NYSE:RENN) and Weibo are used rather than Facebook and Twitter, which may go some way to explaining the poor showing of Shanghai, for example. Tokyo scores a buzz of just 2, again due partly to Japan using its own social media engines – yet Seoul does remarkably well on the same criteria. Renren Inc (NYSE:RENN) dropped -2.71 percent to $3.23 Tuesday on volume of 1.06million shares. The intra-day range of the stock was $3.23 to $3.33. Renren Inc (NYSE:RENN) has a market capitalization of $1.20billion.

Zynga Inc (NASDAQ:ZNGA) may be in the midst of a turnaround, according to analyst. They points to metrics which support his view of a favorable risk-reward profile for the game maker over the next few quarters. The analyst notes that although Zynga Inc (NASDAQ:ZNGA)’s user metrics still aren’t great, they have edged upward, which is progress. The company’s daily average user number rose 3.7% sequentially, while its monthly active user rose 9.8%. Zynga Inc (NASDAQ:ZNGA)’s stock on May 6, 2014 reported a decrease of -3.39% to the closing price of $3.71. Its fifty two weeks range is $2.50 -$5.89. The total market capitalization recorded $3.09billion. The overall volume in the last trading session was 18.60million shares. In its share capital, ZNGA has 884.46million outstanding shares.

LinkedIn Corp (NYSE:LNKD) on Tuesday (May 6) rolled out a new feature that allows companies to target audiences by language preference and geographical location as it seeks to grow and retain members across the world. Almost 60 percent of LinkedIn Corp (NYSE:LNKD)’s 300 million members are located outside of the United States and the site is available in 22 different languages including Polish, Korean, Thai, and Russian. On Tuesday, shares of LinkedIn Corp (NYSE:LNKD) dropped -5.69% to close the day at $142.33. Company return on investment (ROI) is 1.00% and its monthly performance is recorded as -14.17%. LinkedIn Corp (NYSE:LNKD) quarterly revenue growth is -32.97%.

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