NEW YORK, May 24, 2017 /PRNewswire/ --
Internet Information Providers companies operate media outlets through the Internet. These firms generally focus on a specific sector, and tailor their content likewise. Pre-market today, Stock-Callers.com reviews: Twitter Inc. (NYSE: TWTR), Baidu Inc. (NASDAQ: BIDU), Fang Holdings Ltd (NYSE: SFUN), and Yelp Inc. (NYSE: YELP). Learn more about these stocks by downloading their free research reports in PDF format at:
On Tuesday, shares in San Francisco, California headquartered Twitter Inc. recorded a trading volume of 16.82 million shares. The stock ended the day at $18.15, declining 1.52% from the last trading session. The Company's shares have advanced 23.39% in the past month, 12.87% in the previous three months, and 11.35% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 13.09% and 3.13%, respectively. 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 57.48.
On April 27th, 2017, research firm Wedbush reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $13 a share to $14 a share.
On May 11th, 2017, Twitter and the National Football League announced a new, multiyear deal to deliver uniquely packaged official NFL video and other types of content to fans around the world daily, year-round. Twitter and the NFL, which have collaborated since 2013 through the Amplify program, will offer brands the opportunity to advertise on official NFL content created specifically for the Twitter platform. The deal breaks new ground in creative live programming and video-on-demand content. Sign up and read the free research report on TWTR at:
Beijing, the People's Republic of China headquartered Baidu Inc.'s stock rose 0.06%, finishing yesterday's session at $191.80 with a total trading volume of 2.15 million shares. The Company's shares have gained 6.54% in the last month, 3.11% over the previous three months, and 16.66% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.98% and 9.29%, respectively. Additionally, shares of Baidu, which provides Internet search services in China and internationally, have an RSI of 65.32.
On April 27th, 2017, Baidu announced its unaudited financial results for Q1 ended March 31st, 2017. Total revenues for the quarter were $2.454 billion, operating profit was $291.4 million, net income attributable to the Company was $258.1 million, and adjusted EBITDA was $526.8 million. The Company also had cash, cash equivalents, and short-term investments of $13.174 billion, as of March 31st, 2017. The complimentary research report on BIDU can be downloaded at:
Shares in Beijing, China-based Fang Holdings Ltd ended the session 1.58% lower at $3.74. The stock recorded a trading volume of 1.42 million shares. The Company's shares have gained 8.72% in the last one month, 23.84% over the previous three months, and 14.02% on an YTD basis. The stock is trading 14.03% above its 50-day moving average and 4.66% above its 200-day moving average. Moreover, shares of Fang Holdings, which operates a real estate Internet portal through which it provides e-commerce, marketing, listing, financial, and value-added services, have an RSI of 64.74.
On May 15th, 2017, Fang announced that it had filed its annual report on Form 20-F for the year ended December 31st, 2016, with the US SEC on May 12th, 2017. The annual report on Form 20-F, which contains the Company's audited financial statements, can be accessed via the SEC's website as well as the Company's investor relations website. Register for free on Stock-Callers.com and access the latest report on SFUN at:
At the closing bell on Tuesday, San Francisco, California headquartered Yelp Inc.'s stock dropped 1.80%, finishing at $27.78. A total volume of 2.75 million shares was traded. The Company's shares are trading 15.25% below their 50-day moving average. Additionally, shares of Yelp, which operates a platform that connects people with local businesses in the US, Canada, and internationally, have an RSI of 32.34.
On May 11th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On May 11th, 2017, Yelp announced that management will be attending the J.P. Morgan Global Technology, Media and Telecom Conference on Wednesday, May 24th, 2017, at 10:40 a.m. ET in Boston, Massachusetts. A webcast of the presentation will be available under the Events and Presentations menu of the Company's investor relations website. Get free access to your research report on YELP at:
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