TMCnet News

Internet Stocks under Review -- Twitter, Facebook, JD.com, and Groupon
[October 27, 2016]

Internet Stocks under Review -- Twitter, Facebook, JD.com, and Groupon


NEW YORK, October 27, 2016 /PRNewswire/ --

Stock-Callers.com has issued research reports on the following Internet Information Providers equities: Twitter Inc. (NYSE: TWTR), Facebook Inc. (NASDAQ: FB), JD.com Inc. (NASDAQ: JD), and Groupon Inc. (NASDAQ: GRPN). These companies belong to the Technology sector, which was slightly lower on Wednesday, October 26, 2016, with shares of tech companies in the S&P 500 dropping about 0.3% in recent trade. Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration

Twitter  

On Wednesday, shares in San Francisco, California headquartered Twitter Inc. recorded a trading volume of 34.98 million shares. The stock ended the day at $17.29, up 0.17%. The Company's shares have gained 6.01% over the previous three months. The stock is trading below its 200-day moving average by 0.29%. Furthermore, shares of Twitter, which operates as a global platform for public self-expression and conversation in real time, have a Relative Strength Index (RSI) of 41.21.

On October 19th, 2016, research firm Loop Capital upgraded the Company's stock rating from 'Sell' to 'Hold'.

On October 24th, 2016, Twitter announced that it will release financial results for Q3 2016 pre-market on October 27th, 2016. The release and conference call, which had been originally scheduled for post-market on Thursday, have been rescheduled, in response to analysts' requests, to avoid overlapping with several other earnings announcements in the Internet sector scheduled for Thursday afternoon. On October 27th, 2016, Twitter will host a conference call to discuss these financial results at 5:00 a.m. Pacific Time. Sign up and read the free research report on TWTR at: http://stock-callers.com/registration/?symbol=TWTR

Facebook  

Menlo Park, California headquartered Facebook Inc.'s stock finished yesterday's session 0.94% lower at $131.04 and with a total trading volume of 13.05 million shares. The Company's shares have gained 1.83% in the last one month, 4.83% over the previous three months, and 25.21% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.47% and 12.21%, respectively. Furthermore, shares of Facebook, which operates as a mobile application and Website that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers worldwide, have an RSI of 56.96.

On October 10th, 2016, Facebook announced that Workplace will now be available to any company or organization that wants to use it. Facebook noted that at the time of the announcement, more than 1,000 organizations around the world use Workplace (formerly known as Facebook at Work). People have created nearly 100,000 groups and the top five countries using Workplace are India, the US, Norway, UK and France.

On October 17th, 2016, research firm Credit Suisse reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $154 a share to $170 a share. The complimentary research report on FB can be downloaded at: http://stock-callers.com/registration/?symbol=FB



JD.com  

At the closing bell on Wednesday, shares in Beijing, the People's Republic of China headquartered JD.com Inc. rose 0.23%, ending the day at $26.48. The stock recorded a trading volume of 4.68 million shares. The Company's shares have advanced 19.60% in the previous three months. The stock is trading 0.84% above its 50-day moving average and 6.50% above its 200-day moving average. Moreover, shares of JD.com, which through its subsidiaries, operates as an online direct sales company in the People's Republic of China, have an RSI of 50.31.


On October 14th, 2016, research firm Stifel initiated a 'Buy' rating on the Company's stock, issuing a target price of $34 per share.

On October 20th, 2016, Wal-Mart and JD.com announced a series of exciting new ways for customers to access high-quality products from around the world.  The efforts, which are part of the original strategic alliance announced in June, are officially launching during the run up to Singles Day on November 11th. They will improve logistics and supply chain functions, cross-border e-commerce and online-to-offline e-commerce services for consumers across the Chinese market. Register for free on Stock-Callers.com and access the latest report on JD at: http://stock-callers.com/registration/?symbol=JD

Groupon  

Chicago, Illinois headquartered Groupon Inc.'s stock ended the day 1.13% lower at $5.26. A total volume of 17.10 million shares was traded, which was above their three months average volume of 8.62 million shares. The Company's shares have gained 8.01% over the previous three months and 71.34% on an YTD basis. The stock is trading 26.93% above its 200-day moving average. Additionally, shares of Groupon, which operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally,  have an RSI of 54.35. On October 17th, 2016, research firm Wedbush upgraded the Company's stock rating from 'Neutral' to 'Outperform'. The research firm also revised upwards its previous target price from $4.50 to $6.50. Get free access to your research report on GRPN at: http://stock-callers.com/registration/?symbol=GRPN

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Chelmsford Park SA


[ Back To TMCnet.com's Homepage ]