Investing Idea; Invest in Your Favorite Social Network: Social Media Stocks to Watch (EA), (FB), (GRPN), (LNKD)
Facebook goes Android and EA goes social: NFLX Changes social media game for public companies
Point Roberts, WA - April 4, 2013 (Investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in investing ideas in leading sectors reports on trading for social media stocks for April 4, 2013. For investors seeking to invest in products and services they know and use daily, today’s snapshot gives insight to the social media sector.
Social media and the investment industry made headlines when the SEC said public companies could announce news on social media, following the recent incident with Netfix's (NFLX) CEO postings on Facebook. The industry applauds the SEC ruling, allowing public companies access to a key venue of disclosure and news distribution.
Social Media Stocks Trading and News Snapshot:
Electronic Arts Inc. (NasdaqGS: EA), trading up at $17.25, gaining 0.01(0.06%) 11:38AM EDT on over 1.2 Million shares has just entered the social network competition with Vue - a free mobile app that brings your photos to life with your favorite music. http://vue.me/
Facebook Inc., (NASDAQ:FB) is trading at $26.57, gaining 0.32(1.22%) 11:43AM EDT on over 25 Million shares. First quarter 2013 financial results will be released after market close on Wednesday, May 1, 2013. There is a lot of buzz on Facebook's event today to share its new home on Android.
Groupon Inc., (NASDAQ:GRPN) is trading at $5.66, up 0.11(1.98%) 11:54AM EDT on over 3 Million shares. The company announced earlier this week it won top honors at the 2013 PYMNTS.com Innovator Awards for the category of Best POS Transformation. PYMNTS.com, the leading platform for news and content related to the latest in payments innovation, recognized Groupon for two of the company's merchant solutions: Groupon Payments
LinkedIn Corporation (NYSE:LNKD) is trading at $169.64, up 2.33(1.39%) on over 900,000 shares.
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