Social Stocks To Watch: Facebook Inc (NASDAQ:FB), LinkedIn Corp (NYSE:LNKD), Yelp Inc (NYSE:YELP), Baidu Inc (NASDAQ:BIDU)

Technology Stocks News 8

When Facebook Inc (NASDAQ:FB) revealed it plans to acquire Oculus VR, Oculus’ Kickstarter funders were furious, for obvious reasons. Now another company which is trying to raise money through the crowd-funding site promises to give back any funds they raise of the social network buys their company for $2 billion. Facebook Inc (NASDAQ:FB) stock performance was 0.35% in last session and finished the day at $56.95. Traded volume was 108.49million shares in the last session and the average volume of the stock remained 62.12million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.50%.

LinkedIn Corp. (NYSE:LNKD) Chief Executive Officer Jeff Weiner sold $39.5 million worth of stock in the first three months of the year, while co-founder Reid Hoffman made $76.6 million. In all cases, the executives sold more than they typically do. LinkedIn Corp (NYSE:LNKD) dropped -3.73 percent to $159.65 Monday on volume of 6.08million shares. The intra-day range of the stock was $158.06 to $169.34. LinkedIn Corp (NYSE:LNKD) has a market capitalization of $19.24billion.

Yelp Inc (NYSE:YELP) advanced about 4 percent in the current trading session after Oppenheimer lifted its ratings for the company from “Market Perform” to “Outperform” in a research note sent to investors on 7th of April. Yelp Inc (NYSE:YELP)’s stock on Apr 07, 2014 reported a increase of 0.36% to the closing price of $66.00. Its fifty two weeks range is $23.11 -$101.75. The total market capitalization recorded $4.68billion. The overall volume in the last trading session was 8.69million shares. In its share capital, YELP has 71.36million outstanding shares.

Baidu Inc. (ADR) (NASDAQ:BIDU)’s Qunar travel website is in discussions to merge with Ctrip.com International Ltd. (CTRP), according to two people with direct knowledge of the talks. On Monday, shares of Baidu Inc (ADR) (NASDAQ:BIDU) dropped -3.91% to close the day at $143.51. Company return on investment (ROI) is 16.70% and its monthly performance is recorded as -21.17%. Baidu Inc (ADR) (NASDAQ:BIDU) quarterly revenue growth is -18.75%.

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