Social Stocks to Watch: Twitter Inc (NYSE:TWTR), Zynga Inc (NASDAQ:ZNGA), Renren Inc (NYSE:RENN), Baidu Inc (ADR) (NASDAQ:BIDU), Facebook Inc (NASDAQ:FB)



After seeing explosive growth across Latin America, Twitter Inc (NYSE:TWTR) is now tapping into the region’s other big passion besides soccer – politics. The company dispatched its top political strategist to Brazil this week to give senators in one of its biggest global markets a pep talk on tweets and how to use the social network ahead of the October general election. Twitter Inc (NYSE:TWTR) stock performance was -1.62% in last session and finished the day at $32.85. Traded volume was 20.03million shares in the last session and the average volume of the stock remained 16.09million shares. Twitter Inc (NYSE:TWTR) insider ownership is 4.00%.

The leading application maker, Zynga Inc (NASDAQ:ZNGA) has launched a series of new platforms and applications for enhancing the consumer experience. Its latest game ‘Hit it Rich’ has gained momentum by getting access to a new platform of Google Play. Zynga Inc (NASDAQ:ZNGA) has developed its business and structured it in a way to gain positive edge over the competitors in the coming years. The online gaming market is set to swell and get doubled and thus provides higher incentive and growth in Zynga Inc (NASDAQ:ZNGA)’s business. Zynga Inc (NASDAQ:ZNGA) dropped -3.96 percent to $3.52 Wednesday on volume of 23.35million shares. The intra-day range of the stock was $3.50 to $3.68. Zynga Inc (NASDAQ:ZNGA) has a market capitalization of $2.93billion.

Renren Inc. (NYSE:RENN), a leading real-name social networking Internet platform in China, announced the filing of its annual report on Form 20-F for the year ended December 31, 2013 with the Securities and Exchange Commission (the “SEC”).The annual report on Form 20-F was filed with the SEC on April 29, 2014. Renren Inc (NYSE:RENN)’s stock on May 14, 2014 reported a decrease of -0.91% to the closing price of $3.27. Its fifty two weeks range is $2.75 -$4.79. The total market capitalization recorded $1.22billion. The overall volume in the last trading session was 707,833.00million shares. In its share capital, RENN has 378.81million outstanding shares.

Entertainment signed a memorandum of mutual understanding (MOU) for a strategic alliance with Baidu Inc (ADR), operator of China’s biggest search engine. Under the alliance, the two sides agreed to promote “legal” music downloads of music files and videos by S.M.-managed artists and launch a K-pop music channel at Baidu Inc (ADR) Tieba, the online community service with some 90 million daily visitors, according to the South Korean company. On Wednesday, shares of Baidu Inc (ADR) (NASDAQ:BIDU) dropped -0.06% to close the day at $156.02. Company return on investment (ROI) is 16.70% and its monthly performance is recorded as 1.47%. Baidu Inc (ADR) (NASDAQ:BIDU) quarterly revenue growth is -6.60%.

Snapchat received a $3 billion buyout offer from Facebook Inc (NASDAQ:FB) late last year, which the startup rejected. Facebook Inc (NASDAQ:FB) eventually acquired Whatsapp for $19 billion, its largest acquisition ever. Facebook Inc (NASDAQ:FB) stock performance was -1.00% in last session and finished the day at $59.23. Traded volume was 1,800.00million shares in the last session and the average volume of the stock remained 70.72million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.50%.

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