Featured report on Social Media Stocks to Watch This Week & Beyond
Miami, FL 11/7/2013
Twitter, Inc. (NYSE: TWTR) which has never turned a profit in seven years began trading today as high as $50 per share. The company had hoped to raise more than $1.8 billion though that number could be much higher now. The IPO market is as hot as it has been since 2007 and traders are cashing in at a frenzied pace. Twitter’s IPO is an important one for the NYSE considering the botched IPO of Facebook Inc. on the Nasdaq Stock Market in 2012. The company was founded in 2006 and is headquartered in San Francisco, California. It has operations worldwide.
Facebook Inc (NASDAQ:FB) is engaged in building products to create utility for users, developers, and advertisers. People use Facebook to stay connected with their friends and family, to discover what is going on in the world around them, and to share and express what matters to them to the people they care about. Developers can use the Facebook Platform to build applications and Websites that integrate with Facebook to reach its global network of users and to build personalized and social products. Advertisers can engage with more than 900 million monthly active users (MAUs) on Facebook or subsets of its users based on information they have chosen to share with the Company, such as their age, location, gender, or interests. In September 2013, Mail.Ru Group Limited sold its remaining shares in Facebook Inc. Effective September 25, 2013, Facebook Inc acquired Mobile Technologies, a developer of online applications. In October 2013, Facebook Inc acquired Onavo Inc.
Zynga, Inc. (NASDAQ:ZNGA) is the provider of social game services. The Company develops, market and operates online social games as live services played over the Internet and on social networking sites and mobile platforms. The Company’s games are accessible on Facebook and other social networks, mobile platforms and Zynga.com. According to AppData, as of December 31, 2012, the Company had five of the top 10 games on Facebook based on DAUs. The Company’s players are also more engaged, with the Company’s games being played by 63 million DAUs, worldwide as of December 31, 2012. According to comScore, in the month of December 2012, players spent more time playing Zynga’s mobile games than the next five mobile game developers combined.
LinkedIn Corporation (NYSE:LNKD) is a professional network on the Internet with more than 90 million members in over 200 countries and territories. Through the Company’s platform, members are able to create, manage and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. Its platform provides members with solutions, including applications and tools, to search, connect and communicate with business contacts, learn about career opportunities, join industry groups, research organizations and share information. Its members create profiles that serve as their professional profiles and are accessible by any other member, as well as anyone with an Internet connection.
*Get the Full Story on (NASDAQ:LNKD) Here -><a target=_self href="http://dailymarketreporter.com/market-scan/?symbol=LNKD " target="_blank" rel="nofollow" symbol="LNKDhttp://dailymarketreporter.com/market-scan/?symbol=LNKD ;
We have received ZERO shares and ZERO financial compensation for Facebook Inc (NASDAQ:FB), Zynga, Inc. (NASDAQ:ZNGA), LinkedIn Corporation (NYSE:LNKD), Twitter, Inc. (NYSE: TWTR)