Social Media Stocks Gaining Attention as a Result of Facebook's IPO
Five Star Equities Provides Stock Research on Linkedin and Pandora Media
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 05/21/12 -- Facebook's IPO has brought a lot of attention to social media stocks in recent weeks. With Facebook's IPO being reported as oversubscribed some investors have been hoping to profit from other already-public social media stocks. "I do sense some 'temporary' momentum for these related social media stocks," stated Arvind Bhatia, financial analyst covering Facebook for Sterne Agee. Five Star Equities examines the outlook for companies in the Social Media Sector and provides equity research on Linkedin Corporation (NYSE: LNKD) and Pandora Media Inc. (NYSE: P).
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Social media stocks, which had benefited recently from the interest in Facebook's IPO, suffered on Friday as the Facebook IPO had a rockier start than expected. Investors who are interested in a piece of Facebook may also take a hard look at companies who have the potential to be acquired by the social media giant. "LinkedIn, Zynga, Pandora, Yelp ... these are all potential acquisition bait for Facebook," Ironfire Capital founder Eric Jackson said. "If Facebook is going to trade at a premium -- like $150 billion to $200 billion, why not buy the fish and the bait, too?"
Five Star Equities releases regular market updates on Social Media Sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
LinkedIn is a professional network on the Internet with more than 90 million members in over 200 countries and territories. The company reported revenue of $188.5 million for the first quarter ended March 31, 2012, an increase of 101% compared to the first quarter of 2011, and the 7th straight quarter of greater than 100% year-over-year growth.
Pandora Media is an Internet radio in the United States. As of January 31, 2012, it had over 125 million registered users. The Music Genome Project and its playlist generating algorithms predict listener music preferences, play music content suited to the tastes of each individual listener and introduce listeners to music they will love
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Datum: 21.05.2012 - 12:20 Uhr
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