Finance

Social Stocks On the Move: Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR), MeetMe, Inc. (NASDAQ:MEET), Yelp, Inc. (NYSE:YELP), LinkedIn Corporation (NYSE:LNKD), Zynga Inc (NASDAQ:ZNGA)

CEO of WhatsApp, the company . Facebook Inc (NASDAQ:FB) bought for $22 billion in February — is apologizing for harassing an ex-girlfriend who got a restraining order against him in 1996, according to Bloomberg’s David de Jong and Sarah Frier. Facebook Inc (NASDAQ:FB) belongs to Technology sector. Its net profit margin is 23.70% and weekly performance is 6.93%. On last trading day company shares ended up $78.69. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 3.66%.

Equities research analysts at Citigroup Inc. initiated coverage on shares of Twitter (NYSE:TWTR) in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $53.00 price target on the stock. Citigroup Inc.’s price objective suggests a potential upside of 4.54% from the company’s current price. Twitter Inc (NYSE:TWTR) shares moved down -0.14% in last trading session and ended the day at $50.63. TWTR Gross Margin is 63.00% and its return on assets is -30.20%. Twitter Inc (NYSE:TWTR) quarterly performance is 34.12%.

On Oct 06, MeetMe, Inc. (NASDAQ:MEET), has begun to rollout a major redesign of the MeetMe mobile app. The new design is currently available to a limited number of users and is expected to be available to all users by the end of the month. On 21 October, MeetMe, Inc. (NASDAQ:MEET) shares advanced 3.83% and was closed at $1.90. MEET EPS growth in last 5 year was 12.60%. MeetMe, Inc. (NASDAQ:MEET) year to date (YTD) performance is 3.83%.

On Oct. 14 Yelp, Inc. (NYSE:YELP) announced that it will issue its financial results for the third quarter ended September 30, 2014 after the market close on Wednesday, October 22, 2014. Yelp, Inc. (NYSE:YELP) ended the last trading day at $71.28. Company weekly volatility is calculated as 4.58% and price to cash ratio as 14.65. Yelp, Inc. (NYSE:YELP) showed a weekly performance of 9.34%.

LinkedIn Corp (NYSE:LNKD) SVP James Kevin Scott unloaded 6,250 shares of the stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $206.41, for a total value of $1,290,062.50. LinkedIn Corporation (NYSE:LNKD) shares advanced 3.50% in last trading session and ended the day at $205.38. LNKD Gross Margin is 86.80% and its return on assets is -0.40%. LinkedIn Corporation (NYSE:LNKD) quarterly performance is 19.56%.