Pompano Beach, FL -- (SBWIRE) -- 01/03/2013 -- No Limit Stocks - NOLIMITSTOCKS.com covers all the latest on up and coming stocks in the market. No limit Stocks team contain experts that study and analyzes the stock market and help individuals break through the limits and make them better & more successful investors.
Using statistics from Alexa, social media analyst Vincenzo Cosenza has brought up-to-date his biannual figures on worldwide social media use. And, obviously, it's Facebook Inc (NASDAQ:FB) that leads the show in 127 of 137 countries.
How Should Investors Trade FB Now? Don’t Miss out a Special Trend Analysis
Just 18 months previously, Orkut was the top social media site in Brazil, but it has been darkened by Facebook, which currently counts over a billion users.
Of all the landmasses, Asia has most Facebook users, with 278 million addicts. Though, it is dwarfed by addicts of QZone, with 552 million users in China single-handedly.
One stimulating stat on Cosenza's map, on the other hand, is that, in the previous six months, QZone has surpassed Facebook in South Korea.
Just Russia, China, and Iran, with their own, homegrown networks, seem invulnerable to Mark Zuckerberg's attractions.
Facebook Inc (NASDAQ:FB) shares so far in this session fell -0.09% to $27.98 with the Stock being traded within the range of $27.72 – $28.47. In the past year, it has not traded below $17.55 and was unable to surpass $45.00. The current session’s volume of 39.80 million shares is down from the average daily trading volume of 66.25 million shares.
Why Should Investors Buy FB After the Recent Fall? Just Go Here and Find Out
Turning to some other stocks within industry, Yelp Inc, IAC/InterActiveCorp and Sohu.com Inc. are in the volume leaders list. Below in this article, we will have a quick look on their Market performance.
So far in the ongoing trade, Yelp Inc (NYSE:YELP) shares are up +2.89% to $20.27 while the stock has traded within the range of $19.71 – $20.35. In the last 52-week period, shares changed hands between $14.10 and $31.96. The current session’s volume of 424,595 shares is lower than their average daily trading volume of 946,403 shares.
Why Should Investors Buy YELP After The Recent Gain? Just Go Here and Find Out
IAC/InterActiveCorp (NASDAQ:IACI) shares in the current session moved down -0.53% reaching at $46.76. The stock traded in a range of $46.50 – $47.00. In the last year the stock has moved within a range of $40.87 – $55.57. The current session’s volume of 441,530 shares is higher from their average daily trading volume of 1.36 million shares.
Will IACI Get Buyers Even After The Recent Rally? Find Out Here
Another rival company, Sohu.com Inc. (NASDAQ:SOHU) is at a discount of -0.13% to $47.93. In today’s trading so far, the stock price was found in a range of $47.69 and $48.43. In the previous 52 weeks the stock’s price ranged between $33.75 and $65.42. The current session’s volume of 210,018 shares was lower from their average daily trading volume of 604,575 shares.
Why Should Investors Buy SOHU After the Recent Fall? Just Go Here and Find Out
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