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NEW YORK, Nov. 14, 2017 /PRNewswire/ — If you want a Stock Review on MEET, YY, Z, or FB then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today, DailyStockTracker.com scans these four equities: The Meet Group Inc. (NASDAQ: MEET), YY Inc. (NASDAQ: YY), Zillow Group Inc. (NASDAQ: Z), and Facebook Inc. (NASDAQ: FB). These companies are part of the Internet Information Providers space, which operates media outlets through the Internet and offers dividend yields that are much higher than average when compared with the wider market. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at: http://dailystocktracker.com/register/
On Monday, shares in New Hope, Pennsylvania headquartered The Meet Group Inc. recorded a trading volume of 2.47 million shares, which was higher than their three months average volume of 1.11 million shares. The stock ended the day at $2.23, declining 2.62% from the last trading session. The Company’s shares are trading below their 50-day moving average by 37.73%. Furthermore, shares of Meet, which owns and operates a social network for meeting new people on the Web and on mobile platforms in the US, have a Relative Strength Index (RSI) of 14.45.
On October 19th, 2017, Meet has completed its acquisition of Lovoo GmbH. The LOVOO app is the most downloaded dating app in Germany, Switzerland, and Austria combined. The purchase is anticipated to continue the momentum of Meet’s mission to meet the universal need for human connection through innovating, acquiring, and building the largest mobile portfolio of brands for meeting new people.
On November 09th, 2017, research firm JMP Securities downgraded the Company’s stock rating from ‘Market Outperform’ to ‘Market Perform’. Sign up and read the free research report on MEET at: http://dailystocktracker.com/registration/?symbol=MEET
Guangzhou, China headquartered YY Inc.’s stock climbed 1.91%, finishing yesterday’s session at $90.60 with a total trading volume of 1.10 million shares. The Company’s shares have surged 23.94% over the previous three months and 129.83% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.32% and 43.35%, respectively. Additionally, shares of YY Inc., which through its subsidiaries, operates a live streaming platform in China, have an RSI of 53.82.
On November 02nd, 2017, YY Inc. announced plans to release its Q3 2017 financial results on November 14th, 2017, after market close. The Company will hold a conference call that same day at 8:00 p.m. ET to discuss the financial results. A live and archived webcast of the conference call will be available on the Company’s investor relations website. The complimentary research report on YY can be downloaded at: http://dailystocktracker.com/registration/?symbol=YY
Shares in Seattle, Washington headquartered Zillow Group Inc. ended the session 1.06% lower at $39.12. The stock recorded a trading volume of 873,610 shares. The Company’s shares have gained 7.27% on an YTD basis. The stock is trading 3.13% below its 200-day moving average. Moreover, shares of Zillow, which operates real estate and home-related information marketplaces on mobile and the Web in the US, have an RSI of 39.96.
On October 26th, 2017, Zillow announced a pledge of $5 million in cash and in-kind contributions over the next five years to address housing insecurity as part of its first social impact program, The Home Project. Through this program, the Company will mobilize its people, platform, and products to help combat housing insecurity as well as partner with non-profit organizations whose missions align with The Home Project goals. Register for free on DailyStockTracker.com and access the latest report on Z at: http://dailystocktracker.com/registration/?symbol=Z
At the closing bell on Monday, Menlo Park, California headquartered Facebook Inc.’s stock rose 0.17%, finishing at $178.77. A total volume of 9.45 million shares was traded. The Company’s shares have gained 2.90% in the last month, 4.54% over the previous three months, and 55.38% on an YTD basis. The stock is trading 3.18% and 14.81% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Facebook, which provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide, have an RSI of 56.32.
On November 01st, 2017, Facebook reported results for the quarter ended September 30th, 2017. Daily active users were 1.37 billion on average for September 2017, monthly active users were 2.07 billion, and headcount was 23,165. Mobile advertising revenue for Q3 2017 represented approximately 88% of advertising revenue, and capital expenditures were $1.76 billion. Cash and cash equivalents and marketable securities were $38.29 billion at the end of Q3 2017.
On November 02nd, 2017, research firm Stifel reiterated its ‘Buy’ rating on the Company’s stock with a decrease of the target price from $200 a share to $195 a share. Get free access to your research report on FB at: http://dailystocktracker.com/registration/?symbol=FB
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