Facebook User Satisfaction FALLS to 61% and 4 Social Media Stocks Seeing Action
Facebook, Inc. (NASDAQ:FB): Facebook’s (NASDAQ:FB) user satisfaction has fallen to 61%, an 8-point drop from 2011. According to the Huffington Post, this places them below most of their social network competitors.
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LinkedIn Corporation (NYSE:LNKD): A federal judge dismissed a class-action lawsuit against LinkedIn(NYSE:LNKD), alleging that the social media network violated provisions of the Stored Communications Act. Their shares traded up $1.1 (0.71%), they were recently at $104.94.
Groupon, Inc. (NASDAQ:GRPN): Groupon (NASDAQ:GRPN) plans to dive into the small-business credit card processing industry. The company will utilize a mobile reader that is similar to those used by Square and PayPal. Their shares traded down $0.01 (1.25%), they were recently at $7.12.
Pandora Media, Inc. (NYSE:P): There is nothing like good tunes to get a summer road trip rolling. Cars.com is partnering with Pandora Internet Radio and will be offering, three new, car-themed music stations. The shares traded up $0.19 (1.81%) recently at $10.7075.
Yelp, Inc. (NYSE:YELP): It now appears that both Apple and Amazon will launch their own mapping applications that will focus on social mapping. In Apple’s case, their new map app will provide turn-by-turn navigation guides, real-time traffic information, and a “flyover” feature that promises a photo-realistic interactive 3D view. Apple will also integrate Yelp into their app, adding a social functionality to it. This will enable users to use Siri, Apple’s popular voice activated virtual assistant, to access Yelp’s social location-based functions, including check-ins, without having to leave the map. The shares traded up $0.11 (0.48%) recently at $23.13.
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