Facebook Scooped Up by Eager Investors and 4 Social Media Stocks Seeing Action

LinkedIn Corporation (NYSE:LNKD): Current price $117.62

LinkedIn Corporation now has 200 million registered members. Of those, 160 million are monthly active users.

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Groupon, Inc. (NASDAQ:GRPN): Current price $5.1901

Groupon Inc. said that their credit card processing service, Groupon Payments, is now available for Android phones as part of version 2.2 of the Groupon Merchants app. The payments service was released for iPhone in the fall of 2012.

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Facebook, Inc. (NASDAQ:FB): Current price $30.9898

After investors scooped up shares to push the stock above $30, Facebook, Inc.’s shares were down slightly Tuesday to $30.85.

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Pandora Media, Inc. (NYSE:P): Current price $10.73

Bank of America reaffirmed their buy rating on shares of Pandora Media, Inc. They currently have a $16.00 price target on the stock.

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Zynga, Inc. (NASDAQ:ZNGA): Current price $2.60

Zynga Inc.’s stock gained 3.05% to $2.70 in pre-market trading. The stock has a 52-week low of $2.09, a 52-week high of $15.91 and $2.05 billion in market capitalization.

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