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LinkedIn Corporation (NYSE:LNKD) has a growing database of employee and professional information which could include as many as 200M users and could be valued at $5 per share, according to Capstone’s beliefs. The shares have a Buy rating and a $145 price target. The shares traded up $3.61 (3.50%) recently at $106.66.
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Groupon, Inc. (NASDAQ:GRPN) will combine its Chinese e-commerce operation with FTuan, which will be supported by Tencent Holdings. This move offers the company’s Gaopeng brand side-by-side FTuan and will, hopefully, strengthen its presence in China. The shares traded up $0.35 (3.54%) recently at $10.23.
Pandora Media, Inc. (NYSE:P) and Chase Card Services have begun an exclusive partnership as a means to provide summer-themes music to listeners beginning now and ending September 4. Along with these 14 new summer genre stations, users are able to listen to the “Sapphire Summer Sounds” radio station. The shares traded down $.07 (0.67%) recently at $10.42.
Zynga, Inc. (NASDAQ:ZNGA) is holding an event today at which new games and features are being announced. So far, investors are selling the stock with disappointment on the announcement of its new social network at Zynga.com and lack of interest for its ‘Zynga with Friends’ gaming network.. The shares traded down $0.29 (4.77%) recently at $5.77.
Yelp, Inc.’s (NYSE:YELP) “check-in” feature will be included in Apple’s latest iPhone map application, which will allow users to broadcast their location to friends, according to Apple’s distributed materials to software developers. Apple Maps, replacing Google as the default software location service will debut later in the year, allows users to communicate via Yelp with no need to exit the map or open a new app. The shares traded up $0.10 (0.46%) recently at $22.05.
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