Zynga to LAUNCH More Hasbro Games and 4 Social Media Stocks Receiving Action
Facebook, Inc. (NASDAQ:FB): According to the expectations of analysts polled by Thomson Reuters, Facebook may reports a Q2 revenue totaling $1.1 billion on earnings of 12 cents a share. Facebook needs to hit those marks for proof that it can grow into the $100 billion valuation it gave itself it its IPO. The shares traded down $0.14 (0.49%) recently at $28.62.
LinkedIn Corporation (NYSE:LNKD): According to Morgan Stanley, $1.75 billion has been paid by Australian corporates to global media players like Google, Facebook and LinkedIn. The shares traded down $2.84 (2.67%) recently at $103.42.
Pandora Media, Inc. (NYSE:P) announced its new ratings from the June Triton Webcast Metrics report. The Pandora ratings show a constant average quarter hour and cumulative audience gains nationally and that it is one of the top 10 local radio markets country-wide. June’s national audience metrics suggest that among the adult 18-49 demographic, Pandora has a weekly cume of 25,333,249, which is a 6 percent increase over March’s weekly cume of 23,874,175. The June Triton Webcast Metrics ratings rank Pandora as the largest radio network for adults age 18-49 in comparison with radio networks in the Arbitron June 2012 RADAR 113 report. The shares traded down $0.62 (5.87%) recently at $9.94.
Zynga, Inc. (NASDAQ:ZNGA): Hasbro states that it intends to launch more games this year with Zynga. The shares traded up $0.29 (6.04%) recently at $5.09.
Yelp, Inc. (NYSE:YELP): Back At You, Inc is a top social media marketing and technology company focused on assisting businesses in the creation, management and execution of their online marketing strategy. Whether it is Facebook, Twitter, Yelp, Pinterest or another social network, Back At You assists all sizes of businesses succeed in online marketing. The shares traded down $0.73 (3.04%) recently at $23.32.
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