Facebook Inc. (NASDAQ:FB) Rolls out Facebook Cards Sooner Than Expected - LNKD, TRIP, YELP

Pompano Beach, FL -- (SBWIRE) -- 02/05/2013 -- Largest Social networking platform Facebook Inc. (NASDAQ:FB) on Tuesday declares the release of Facebook Card, a returnable gift card that can be used at Jamba Juice, Olive Garden, Sephora, and Target.

How Should Investors Trade FB Now? Don’t Miss out a Special Trend Analysis

Facebook users can buy and send the multitasking gift card, available from the “Gift Cards and Digital” category inside Facebook Gifts, to their social-network groups.

We are beginning this early launch as another mean for people to promptly give away their friends gifts via Facebook, according to a company representative told informed CNET.

Every gift is a set worth at a specific retailer, selected by the sender. Facebook Card holders can check their balances on Facebook (FB) and would get notifications when an incoming digital gift ups their balance at a vendor. The choice to give a Facebook Card as a gift is coming for to US users progressively, Facebook (FB) added.

So far today, Facebook Inc (NASDAQ:FB) shares surged 2.17% to $28.72 while the stock is changing hands within a range of $28.04 – $28.75. In the past year, the stock has traded between $17.55 and $45.00. Its average daily trading volume is 72.20 million shares.

Will FB Continue To Move Higher? Find Out Here

Looking at other stocks in the same industry, Linkedin Corporation, Tripadvisor Inc and Yelp Inc are in the gainers list. Let’s have a quick look on their Market performance.

Linkedin Corporation (NYSE:LNKD) shares are up +0.43% to $123.83 while the stock is trading within the range of $122.40 – $123.94 in the current trading session. In the last 12 months, shares have floated between $74.32 and $127.45. This stock, on average, has trading volume of 1.55 million shares.

Why Should Investors Buy LNKD After The Recent Gain? Just Go Here and Find Out

In this session so far, Tripadvisor Inc (NASDAQ:TRIP) shares moved up +1.93% reaching $46.52. The stock is trading in a range of $45.70 – $46.57. In the last year the stock has moved within a range of $26.93 – $47.81. The Company’s average daily trading volume is 175,350 shares.

For How Long TRIP will Fight for Profitability? Read This Trend Analysis report

Another rival company, Yelp Inc (NYSE:YELP), is trending +3.05% higher to $20.96. The stock price is hovering in range of $20.37 to $21.00. In the previous 52 weeks, shares price ranged between $14.10 and $31.96. Their average daily trading volume is 1.03 million shares.

What was the Moving Force behind YELP On Bullish Run? Read This Research Report

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