Tech Losers: Twitter Inc (NYSE:TWTR), Yelp Inc (NYSE:YELP), SouFun Holdings Ltd (NYSE:SFUN), LinkedIn Corp (NYSE:LNKD)

Technology Stocks News 10

Twitter Inc (NYSE:TWTR)’s shares slumped 18% on Tuesday amid the large share lockup expiration. Peck has a neutral rating on Twitter with a $50 price target. He argued the company is growing revenue and Ebitda at a fast pace. Twitter needs to find a way to grow its user base in a significant way but has a few quarters to figure out how to do so, he suggested. Twitter Inc (NYSE:TWTR)stock performance was – 17.81% in last session and finished the day at $ 31.85. Traded volume was 133,522,109 shares in the last session and the average volume of the stock remained 14,395,000 shares. Twitter Inc (NYSE:TWTR) insider ownership is 4.30%.

Yelp Inc (NYSE:YELP)’s Director Peter H. Fenton unloaded 66,000 shares of the company’s stock on the open market in a transaction dated Monday, May 5th. The shares were sold at an average price of $58.39, for a total value of $3,853,740.00. Yelp Inc (NYSE:YELP) dropped 13.39% percent to $ 52.13 yesterday on volume of 13,629,085 shares. The intra-day range of the stock was $ 51.81 – 59.92 Yelp Inc (NYSE:YELP) has a market capitalization of $ 3.71 billion.

SouFun Holdings Ltd(NYSE:SFUN)) saw some unusual options trading activity on Wednesday. Stock investors purchased 7,884 put options on the company, Analyst Ratings News reports. This is an increase of 155% compared to the typical volume of 3,086 put options. SouFun Holdings Ltd (NYSE:SFUN)’s stock on May 6, 2014 reported a decrease of – 5.22% to the closing price of $ 11.61. Its fifty two weeks range is $ 11.53 – 99.72. The total market capitalization recorded $ 4.75 billion. The overall volume in the last trading session was 6,629,648 shares. In its share capital, SouFun Holdings Ltd(NYSE:SFUN) has 408.89 million outstanding shares.

LinkedIn Corp (NYSE:LNKD)‘s stock had its “outperform” rating reiterated by equities researchers at BMO Capital Markets in a research report issued on Friday, StockRatings Networkreports. On Friday, shares 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%.

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