Facebook App Center Enters 8th COUNTRY and 4 Social Media Stocks in Action Today
Facebook, Inc. (NASDAQ:FB) has launched its App Center in India as well as six other countries, which should assist users in finding games, music services, and media content with ease. The App Center was launched in the U.S. last month. On Facebook’s blog Monday, Facebook software engineer Drew Hoskins said, “The App Center is now available to everyone in the U.S., Australia, Canada, India, Ireland, New Zealand, South Africa, and the U.K.”
LinkedIn Corporation (NYSE:LNKD): The social networking site for professionals will add 10,000 square feet to its Empire State Building office.
Groupon, Inc. (NASDAQ:GRPN) stock is falling. It was at $8.70 during press time and fell all the way to a new 52-week low of $8.25 on Tuesday. The downward trend does not look good.
Pandora Media, Inc. (NYSE:P) has announced that new metrics were reached during June. Pandora’s listener hours during June reached 1.08B, a 77% increase from the 605M during this time in 2011. Pandora’s total U.S. radio listening share was 5.98%, a 3.37% increase from last year. Active listeners increased 51% from last year’s 36.1M to 54.5M.
Zynga, Inc. (NASDAQ:ZNGA): A 10.8% passive stake in Zynga has been reported by Janus Capital.
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