Shares of professional networking site, LinkedIn Corp. (NYSE: LNKD) have risen sharply in early trading today following the release of the company’s third-quarter financial results.
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Category: Social Media Stocks
Zynga Reports Q3 Results (ZNGA)
Zynga Inc. (NASDAQ: ZNGA), a California-based social gaming company that offers virtual games worldwide and support on social networking sites, cellular devices and internet forums, reported results for the third quarter ended Sep 30, 2012.
Facebook Shares Rally as Q3 Results Show Growth in Mobile Advertising (FB)
Social networking giant Facebook Inc. (NASDAQ: FB) surprised everyone on Tuesday after the company’s third-quarter results showed mobile advertising growth. The positive surprise has sparked a huge rally in FB shares, which are up more than 25% pre-market trading today.
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Zynga Shares Tumble on Outlook (ZNGA)
Shares of Zynga Inc. (NASDAQ: ZNGA) tumbled 20% in premarket trading on Friday after the company late on Thursday downwardly revised its outlook on fiscal 2012. The company has now slashed its fiscal 2012 guidance for the second time in last two months.
Facebook Reaches One Billion Active Users Mark (FB)
Some people wrote it off; others questioned its valuation while some doubt its future; but, the reality is that Facebook Inc. (NASDAQ: FB) is still the leading social networking site, in terms of active monthly users and is going strong.
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Facebook to Advertisers; Don’t Worry About Clicks (FB)
Under pressure for not being able to generate enough clicks on advertisements posted on its website, Facebook Inc. (NASDAQ: FB), the social networking giant urged advertisers to look at bigger picture instead and should not worry about number of hits.
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Zynga Losses Bidding War, Canadian gaming Company Amaya Gaming Group to Acquire Ongame (ZNGA)
Social gaming company, Zynga Inc. (NASDAQ: ZNGA) has failed to acquire online poker provider Ongame Network. Even though Zynga was said to be “leading the race” for quite few months, the Montreal Canada-based company, Amaya Gaming Group eventually won the bidding. Amaya Gaming Group announced on Monday that it bought Ongame for $32.2 million from Bwin.party.
Facebook Shares Flat after Monday’s Slump (FB)
Shares of Social Network, Facebook Inc. (NASDAQ: FB) are flat in trading today after falling sharply in the previous trading session. FB shares slumped on Monday after an article published in the financial magazine Barron’s stated that the “Stock is too pricey”.
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Groupon Launches New App For Credit Card Transactions at Low Cost (GRPN)
Illinois-based Shopping Deals Provider, Groupon Inc. (NASDAQ: GRPN) has a brought a good deal for merchants, with the launch of “Groupon Payments”, which provides payment services at lowest cost for merchants who accept Groupon vouchers and credit cards for payment.
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Zynga’s Misery Continues as Another Top Executive Resigns (ZNGA)
There seems to no end to “FarmVille” maker, Zynga Inc.’s (NASDAQ: ZNGA) ordeal. While its share have been hammered in the recent past after the compnay failed to respond to changing videogame market dynamics, it also kept losing its top executives one by one. Joining the list of top executives who have left the company recently is Jeff Karp, who acted as Chief Marketing and Revenue officer at Zynga. Karp joined the Company in August 2011.
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