Investor Ideas: Social Networking Stocks Continue Run with Facebook Frenzy

Symbols: FFN, GRPN, LNKD, RENN
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InvestorIdeas.com, a global investor research portal, specializing in sector research including tech stocks issues an investor alert for social networking stocks for the morning of February 3rd as the Facebook IPO frenzy continues to drive the sector. Tech stocks were strong in yesterday's session, with significant gains in the Social Media/Networking stocks.

Facebook's pending $5 Billion IPO has investors buying into the sector ahead of its market debut expected in May. Most retail investors know the chance of participating in the IPO are slim and none so they are entering the game with some of the other well known players in the space.

Social Networking stocks Snapshot Trading February 3rd

FriendFinder Networks Inc. (NASDAQ: FFN) is becoming a best friend to investors this week, trading up again this morning, at 1.3950, up 0.0650(4.89%) 9:54AM EST with a high of $1.47

Groupon, Inc. (NASDAQ: GRPN) is trading up at $23.79, up 0.71(3.07%)

Linkedin Corporation (NYSE: LNKD) is moving up, trading at $79.93, up 2.95(3.83%)

Renren Inc. (NYSE: RENN) is gaining in morning trading, at $5.66, up 0.24(4.43%) 9:58AM EST

SINA Corporation (NASDAQ: SINA) is trading at $76.26, up 0.96(1.27%)

Zynga Inc. (NASDAQ: RENN) is running, trading at $13.24, up 0.85(6.90%)

Investorideas.com Newswire

Read the entire S1IPO filing for Facebook: http://www.sec.gov/Archives/edgar/data/1326801/000119312512034517/d287954ds1.htm

Research Social Networking stocks:

Visit the Investorideas.com Social Networking Stocks Directory preview page:

http://www.investorideas.com/TSS/Social_Networking_Stocks.asp

Become an Investor Ideas Member Today - Get 24/7 access to our exclusive members only - 13 stock directories; energy, renewable energy, mining stocks, water, biotech. Added bonus for members - New Tech Stocks Directory for Social Networking and Cloud Computing Stocks

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp

Source - Investorideas.com

800-665-0411 - dawn@investorideas.com, cvanzant@investorideas.com


 
 
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