Investing Idea; Invest in Your Social Network: Social Media Stocks to Watch (FB), (GOOG), (GRPN), (LNKD), (MYRY)
Point Roberts WA – March 28th, 2013 – (www.investorideas.com newswire, Investorideas.com staff: Investorideas.com, an investor research portal specializing in investing ideas in leading sectors reports on trading for social media stocks for March 28th, 2013. For investors seeking to invest in products and services they know and use daily, today’s snapshot gives insight into the social media and social networking sector.
Over the past year, investing in social media has been a risky endeavor with many social media companies having over inflated valuations, which have lead to unhappy investors and multiple lawsuits citing that the companies misled investors prior to their IPOs. However these same companies now show upward trends as shares swing to unpredictable highs from unprecedented lows as U.S.
Social Media Stocks Trading and News Snapshot:
Facebook Inc., (NASDAQ:FB), one of the leading and most recognizable social media site in the market, continues its recent downward trend trading down at $25.58 dropping $-0.51 or -1.95% on a high volume of 15,314,097 shares. Many investors are still in debate of Facebook’s investing future as the company has recovered most of its 2012 losses leaving many questioning whether another large loss is forthcoming.
Google Inc., (NASDAQ:GOOG), a company currently competing on more than one market, is also trading down today at $794.42 lowering by $-8.24 or -1.03% on a volume of 1,127,164 shares.
One of the Google’s newest enterprises begins today as the company moves to deliver physical goods to people’s offices and homes on the same day that they order them online.
Starting today Google announced a casting call for people who can sign up to test its Google Shopping Express service, which it said is available to a small number of people in the San Francisco Bay Area.
Google said it able to deliver goods to those testers from retailers including Target, Walgreens, Staples, American Eagle and Toys “R” Us, along with “locally distinct” retailers such as San Francisco
Google is asking San Francisco residents or people who live between San Mateo and San Jose
Google hopes the quick-shipping service will attract more consumers to its product-search service, increasing the revenue it gets from product-related ads on the search site, people familiar with the matter have said
Groupon Inc., (NASDAQ:GRPN), unlike most other social media stocks, moved upwards today, trading up at $6.25 gaining $0.04 or 0.66% on a volume of 9,550,245 shares.
Just yesterday Groupon honored many of its top local merchants with a ''Best of Groupon Merchants'' collection. These featured local businesses boast some of the most popular deals in their markets and consistently deliver the highest levels of customer service.
More than 1,700 merchants were recognized with the ''Best of Groupon Merchants'' distinction and are identified with a special badge on their Groupon deal pages. Merchants in the collection span a wide range of geographies and industries, with providers of health and beauty services representing the largest category, followed by food and drink and activities-based businesses. For a complete list of merchants, sortable by city and category, visit http://www.grouponworks.com/best-merchants-of-2012/
LinkedIn Corporation (NYSE:LNKD) showed a slight drop today trading at $176.37 lowering by $-1.51 or -0.85% on a volume of 497,712 shares.
With social media playing such a large role in today’s marketing and business development, companies who specialize in social media marketing are becoming invaluable. Myriad Interactive Media Inc., (OTCBB:MYRY), a company currently developing a new social media SEO technology is one such company, trading at $0.02 showing a gain of 6.67% on a light volume of 32,900 shares.
Just last week Myriad Interactive Media, Inc. was pleased to announce that we have initiated client integration of our new social media SEO technology, allowing investors to experience a front-end demo here: http://www.myriadim.com/community
Mingle Suite, the name of this new social media site, will help clients to redirect fresh media content like articles, videos, pictures and blogs to their own website as well as embed social media interactions consisting of – likes, posts, comments, tweets and many other elements of social media sharing and engagement. The company thrives to make social media work for small, medium and large businesses all by giving these businesses a fighting chance in the competitive world of SEO.
Investors can research more social media stocks with Investorideas.com stock directories
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