Twitter Inc (TWTR), Facebook Inc (FB), Groupon (GRPN), Zynga (ZNGA) and Renren Inc (RENN) are on Investor’s Alert List
Twitter Inc (NYSE:TWTR) is yet to report a profit mainly because it cannot access as many internet users as Facebook Inc (NASDAQ:FB) can. However, the story behind Twitter has sparked an interest among a few Hollywood producers who want a screen adaptation of it. Shares of Twitter Inc (NYSE:TWTR) ended at a value of $55.51 yesterday. Insider ownership of the stock is 4.60% whereas stock’s capital share has outstanding shares of 474.70 billion out of which 470.30 billion are being floated in the market.
A meeting between top executives in tech industry and President Obama didn’t go according to the White House’s plan; the main discussion shifted from Healthcare.gov to NSA surveillance. CNN reported that founder of Zynga Inc (NASDAQ:ZNGA) Mark Pincus brought up the subject of Edward Snowden pardon– a subject that White House prefers not to discuss – and was told by the President that the pardon was not possible. Shares of Zynga Inc (NASDAQ:ZNGA) dipped down by -0.97% and closed at $4.10 on the 18th of December. The stock’s range over 52 weeks was between $2.29 and $4.55 whereas the stock has a $3.30 billion market capitalization. During the last session of trading the average volume shares of the stock was 23.76 million; the stock’s shares capital has outstanding shares of 804.35 million.
Common stock Class A IPO of Facebook Inc (NASDAQ:FB) will start with 70 million shares. Co is offering 27,004,761 shares whereas other stockholders are offering 42,995,239 shares; these stockholders include Mark Zuckerberg who is offering shares of 41.35 million. Shares of Facebook Inc (NASDAQ:FB) kicked off day’s trading at $54.86; the stock went up as high as $55.89 during day’s session and closed at a value of $55.57 after jumping up by 1.29%. Weekly performance of the stock was 12.54%.
Shares of Renren Inc (NYSE:RENN) were degraded by Jefferies to a rating of “Underperform” from “Hold”; the stock’s target price was lowered from $3.30 to $2.90. On the last day of trading shares of Renren Inc (NYSE:RENN) had an average volumes shares of million. The stock opened at a value of $2.92 and went up as high as $3.11; after jumping up by 3.75% the shares of Renren Inc (NYSE:RENN) closed at a value of $3.04.
Groupon Inc (NASDAQ:GRPN) stock kicked off with a price target worth $13 and a rating of “Buy” at Northland Securities. Shares of Groupon Inc (NASDAQ:GRPN) kicked off at $10.77 and went up as high as $11.33; after jumping up by 5.62% the stock ended at a value of $11.27. GRPN stock’s range during the day was between $10.68 and $11.33. Market capitalization of Groupon Inc (NASDAQ:GRPN) stock is $7.53 billion whereas its session’s volume share was 20.24 million.