On Wednesday, shares in San Francisco, California headquartered Twitter Inc. recorded a trading volume of 34.98 million shares. The stock ended the day at $17.29, up 0.17%. The Company's shares have gained 6.01% over the previous three months. The stock is trading below its 200-day moving average by 0.29%. Furthermore, shares of Twitter, which operates as a global platform for public self-expression and conversation in real time, have a Relative Strength Index (RSI) of 41.21.
On October 19th, 2016, research firm Loop Capital upgraded the Company's stock rating from 'Sell' to 'Hold'.
On October 24th, 2016, Twitter announced that it will release financial results for Q3 2016 pre-market on October 27th, 2016. The release and conference call, which had been originally scheduled for post-market on Thursday, have been rescheduled, in response to analysts' requests, to avoid overlapping with several other earnings announcements in the Internet sector scheduled for Thursday afternoon. On October 27th, 2016, Twitter will host a conference call to discuss these financial results at 5:00 a.m. Pacific Time. Sign up and read the free research report on TWTR at: http://stock-callers.com/registration/?symbol=TWTR
Menlo Park, California headquartered Facebook Inc.'s stock finished yesterday's session 0.94% lower at $131.04 and with a total trading volume of 13.05 million shares. The Company's shares have gained 1.83% in the last one month, 4.83% over the previous three months, and 25.21% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.47% and 12.21%, respectively. Furthermore, shares of Facebook, which operates as a mobile application and Website that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers worldwide, have an RSI of 56.96.
On October 10th, 2016, Facebook announced that Workplace will now be available to any company or organization that wants to use it. Facebook noted that at the time of the announcement, more than 1,000 organizations around the world use Workplace (formerly known as Facebook at Work). People have created nearly 100,000 groups and the top five countries using Workplace are India, the US, Norway, UK and France.
On October 17th, 2016, research firm Credit Suisse reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $154 a share to $170 a share. The complimentary research report on FB can be downloaded at: http://stock-callers.com/registration/?symbol=FB
At the closing bell on Wednesday, shares in Beijing, the People's Republic of China headquartered JD.com Inc. rose 0.23%, ending the day at $26.48. The stock recorded a trading volume of 4.68 million shares. The Company's shares have advanced 19.60% in the previous three months. The stock is trading 0.84% above its 50-day moving average and 6.50% above its 200-day moving average. Moreover, shares of JD.com, which through its subsidiaries, operates as an online direct sales company in the People's Republic of China, have an RSI of 50.31.
On October 14th, 2016, research firm Stifel initiated a 'Buy' rating on the Company's stock, issuing a target price of $34 per share.
On October 20th, 2016, Wal-Mart and JD.com announced a series of exciting new ways for customers to access high-quality products from around the world. The efforts, which are part of the original strategic alliance announced in June, are officially launching during the run up to Singles Day on November 11th. They will improve logistics and supply chain functions, cross-border e-commerce and online-to-offline e-commerce services for consumers across the Chinese market. Register for free on Stock-Callers.com and access the latest report on JD at: http://stock-callers.com/registration/?symbol=JD
Chicago, Illinois headquartered Groupon Inc.'s stock ended the day 1.13% lower at $5.26. A total volume of 17.10 million shares was traded, which was above their three months average volume of 8.62 million shares. The Company's shares have gained 8.01% over the previous three months and 71.34% on an YTD basis. The stock is trading 26.93% above its 200-day moving average. Additionally, shares of Groupon, which operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally, have an RSI of 54.35. On October 17th, 2016, research firm Wedbush upgraded the Company's stock rating from 'Neutral' to 'Outperform'. The research firm also revised upwards its previous target price from $4.50 to $6.50. Get free access to your research report on GRPN at: http://stock-callers.com/registration/?symbol=GRPN
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