Tech stocks have been facing increased scrutiny in recent times, with investors punishing momentum stocks like Facebook Inc (NASDAQ:FB), Tesla Motors Inc. (TSLA), and Netflix, Inc. (NFLX) due to their high valuations. The debate has been centered on, as these things usually are, about whether or not a bubble is forming in the tech space. Facebook Inc (NASDAQ:FB) stock performance was -2.21% in last session and finished the day at $57.92. Traded volume was 56,723,800 shares in the last session and the average volume of the stock remained 70.49 million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.50%.
Twitter Inc (NYSE:TWTR) was upgraded by equities research analysts at Wunderlich from a “sell” rating to a “hold” rating in a research note issued to investors on Friday, Analyst Ratings News reports. The firm currently has a $35.00 price target on the stock, down from their previous price target of $38.00. Wunderlich’s price objective would suggest a potential upside of 6.81% from the company’s current price. Twitter Inc (NYSE:TWTR) dropped -0.24% to $32.77 yesterday on volume of 22,001,800 shares. The intra-day range of the stock was $32.16 – 33.29. Twitter Inc (NYSE:TWTR) has a market capitalization of $19.31 billion.
Nomura reduced their price target on shares of Yahoo! Inc. (NASDAQ:YHOO) from $43.00 to $40.00 in a research note issued on Wednesday, American Banking and Market News reports. Nomura’s price objective points to a potential upside of 18.34% from the company’s current price. Yahoo! Inc. (NASDAQ:YHOO)’s stock on May 15, 2014 reported a decrease of -1.08% to the closing price of $33.80. Its fifty two weeks range is $23.82 – 41.72. The total market capitalization recorded $34.02 billion. The overall volume in the last trading session was 18,826,600 shares. In its share capital, Yahoo! Inc. (NASDAQ:YHOO) has 1.01 million outstanding shares.
Groupon Inc (NASDAQ:GRPN), on May 15, 2014 announced an epic deal of glitzy proportions to attend the 2014 Miss USA® Competition on Sunday, June 8. The deal includes VIP tickets to the 2014 Miss USA® Presentation Show, Final Show and After-Party, a meet-and-greet with Miss USA 2013 Erin Brady, tickets to dress rehearsal, a backstage tour, hotel accommodations and more. On Thursday, shares of Groupon Inc (NASDAQ:GRPN) closed the day at $6.05. Company return on investment (ROI) is -11.20% and its monthly performance is recorded as -14.55%. Groupon Inc (NASDAQ:GRPN) quarterly revenue growth is -43.77%.