Social Stocks on the move: Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR), Zynga Inc (NASDAQ:ZNGA), Yelp Inc (NYSE:YELP), LinkedIn Corp (NYSE:LNKD)

Technology Stocks News 13

Facebook Inc (NASDAQ:FB) is taking another stab at ephemeral mobile messaging with an app called Slingshot. The app is designed to appeal to fans of Snapchat and other messaging apps that let people send self-destructing messages to friends. Facebook Inc (NASDAQ:FB) stock performance was 1.86% in last session and finished the day at $65.60. Traded volume was 35.57million shares in the last session and the average volume of the stock remained 65.12million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.50%.

Twitter Inc (NYSE:TWTR) is getting interesting again. It seems to be trying to come out of a base and the volume is improving. It has now closed two days straight over its 50day moving average. Twitter Inc (NYSE:TWTR) rose 1.89 percent to $38.74 Wednesday on volume of 23.71million shares. The intra-day range of the stock was $37.75 to $38.83. Twitter Inc (NYSE:TWTR) has a market capitalization of $22.83billion.

Zynga Inc. (NASDAQ:ZNGA), the online game company, said it’s recruiting candidates to its board after Reid Hoffman and Jeffrey Katzenberg said in April they would step down. That put the number of independent directors below the Nasdaq minimum. Zynga Inc (NASDAQ:ZNGA)’s stock on June 18, 2014 reported a decrease of -0.64% to the closing price of $3.11. Its fifty two weeks range is $2.50 -$5.89. The total market capitalization recorded $2.75billion. The overall volume in the last trading session was 17.09million shares. In its share capital, ZNGA has 884.45million outstanding shares.

Yelp Inc (NASDAQ:YELP) CEO Jeremy Stoppelman unloaded 13,514 shares of the stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $65.74, for a total transaction of $888,410.36. On Wednesday, shares of Yelp Inc (NYSE:YELP) advanced 3.18% to close the day at $77.01. Company return on investment (ROI) is -2.00% and its monthly performance is recorded as 34.37%.  Yelp Inc (NYSE:YELP) quarterly revenue growth is -12.31%.

LinkedIn Corp (NYSE:LNKD) Director David L. Sze sold 6,250 shares of the stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $167.63, for a total transaction of $1,047,687.50. Following the sale, the director now directly owns 91,938 shares in the company, valued at approximately $15,411,567. LinkedIn Corp (NYSE:LNKD) stock performance was 2.28% in last session and finished the day at $169.25. Traded volume was 2.17million shares in the last session and the average volume of the stock remained 3.09million shares. The beta of the stock remained 1.26. LinkedIn Corp (NYSE:LNKD) insider ownership is 0.60%.

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