Social media has taken the world by storm, building virtual communities for anyone who has internet access and allowing people to connect and share across the globe. A lot of these sites have changed the world in terms of how we meet people, read the news, get jobs and even date. These companies are on the cutting edge of social trends and are a good beacon to look toward for change.
The June 15 short interest data have been compared with the previous report. Short interest was mixed in most of these selected social media stocks for this settlement date. Some investors will wonder if the LinkedIn-Microsoft buyout will send more large media and tech shops looking to acquire in the social media space.
Facebook Inc. (NASDAQ: FB) had a short interest increase to 25.33 million shares from the previous 23.98 million. Shares closed most recently at $112.08, within a 52-week trading range of $72.00 to $121.08. Facebook now said that Instagram has crossed the 500,000 user mark. Also, Mark Zuckerberg remains among the highest rated CEOs.
Twitter Inc. (NYSE: TWTR) saw its short interest decrease to 61.68 million shares from the previous level of 71.30 million. Shares closed most recently at $16.44, in a 52-week trading range of $13.73 to $38.82. After the LinkedIn deal, Twitter can be viewed as vulnerable.
LinkedIn Corp. (NYSE: LNKD) short interest for this settlement date increased to 4.54 million shares from the previous 3.36 million. Shares of LinkedIn closed most recently at $190.11, in a 52-week range of $98.25 to $258.39.
Match Group Inc. (NASDAQ: MTCH) saw its short interest drop to 7.39 million shares from 7.86 million in the previous period. Shares closed Thursday at $14.60, in a 52-week range of $8.41 to $16.17.
Yelp Inc. (NYSE: YELP) saw its short interest increase to 9.10 million shares. The previous reading was 8.66 million. Shares closed most recently at $28.23, in a 52-week trading range of $14.53 to $44.32.
Travel Cards Are Getting Too Good To Ignore (sponsored)
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.