Business networking website, LinkedIn (NYSE: LNKD) reported higher-than-expected revenue on Thursday as its total sales more than doubled thanks to rising revenues from its new job posting services.
Category: Social Media Stocks
Facebook Shares Fall to Another Record Low (FB)
Facebook Inc. (NASDAQ: FB) shares continued to slide in trading on Wednesday, hitting yet another record low.
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Facebook Shares Tumble after Quarterly Results (FB)
Facebook shares (NASDAQ: FB), after creating all the market buzz during its IPO in May, promising a spectacular growth story, tumbled on Thursday as company reported earnings that were in line with expectations but nowhere near the potential it projected.
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Facebook Shares Lower (FB)
Shares of social networking giant Facebook Inc. (NASDAQ: FB) are lower in trading today despite a sharp rise in the Technology sector.
Micro-Cap of the Day; F-3 Technologies Inc. (FTCH)
Shares of F-3 Technologies Inc. (PINK: FTCH), a software development company providing technology and online services and products in the U.S., are soaring in trading today.
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Zynga to Focus on Web-based Platforms (ZNGA)
Zynga Inc. (NASDAQ: ZNGA) CEO Mark Pincus said that notwithstanding recent industrial trend where video game developers have preferred mobile devices, he would continue to focus on web-based platforms.
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Facebook Settles Patent Suit with Yahoo (FB, YHOO)
Social networking giant Facebook Inc. (NASDAQ: FB) settled a patent infringement suit with Yahoo! Inc. (NASDAQ: YHOO). The two companies also said that they have entered into definitive agreements to launch a new advertising partnership, and extend and expand distribution agreements.
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Yelp Shares Rise Sharply (YELP, AAPL, FB, ZNGA, LNKD)
Shares of Yelp Inc. (NYSE: YELP) rose sharply on Thursday following reports that technology giant Apple Inc. (NASDAQ: AAPL) intends to include the website into its new mapping application.
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Hot Stock; BizRocket.com (BZRT)
Shares of BizRocket.com Inc. (PINK: BZRT) are seeing a huge rally in trading today. At last check, BRZT shares were trading 97.37% higher at $0.0375 on above average volume of 15.77 million. Despite today’s gains, BZRT shares are down more than 82% in the last three trading sessions.
Facebook Shares Drop Following Underwriters’ Mixed Ratings (FB)
Several Wall Street analysts acquainted with Facebook Inc. (NASDAQ: FB) are giving the social networking giant’s stock a mixed review.
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