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Scottsdale, AZ -- (SBWIRE) -- 02/05/2013 -- Facebook Inc (NASDAQ:FB) reported fourth quarter revenues of $1.59 billion and Earning per Share of $0.17, against the estimations of $1.51 billion and $0.15. Revenue increased by 2 percent owing to higher ad revenue anticipations and to some extent lowers payments revenue. In the last quarter, Facebook reported a $3 million per day run rate on mobile or $270 on a quarterly basis and for the fourth quarter the average daily run rate for the quarter augmented 19 percent.
In the mid-day, Facebook Inc (NASDAQ:FB) gained +0.96% to $28.33 with the total traded volume of 13.67 million shares. Stock 52 weeks high price was $45.00 and its 52 weeks low price was $17.55. FB has market cap of 61.03 billion.
What was the Moving Force behind FB On Bullish Run? Read This Research Report on FB
Google Inc (NASDAQ:GOOG) shares hit an all-time high of $777 per share as investors look forward to a resolution to the anti-trust issues surrounding the search giant. Google Inc (NASDAQ:GOOG)’s price rally assisted drive the Dow Jones Industrial Average higher, pushing it past 14,000 for the first time since October 2007. The average came near to striking its all-time high of 14,164. The search giant’s stock also increased the Standard & Poor’s 500 Index close to a new all-time high.
In the mid-day trading session, Google Inc (NASDAQ:GOOG) jumped +1.36% to $769.49. GOOG has earnings per share of $32.47 and its price to earnings ratio ended at 23.68.
For How Long GOOG will Fight for Profitability? Read This Trend Analysis report
Yelp Inc (NYSE:YELP), the company that connects consumers with great local businesses, recently declared that it will issue its financial results for the fourth quarter and full year ended December 31, 2012 after the market close on Wednesday February 6, 2013. Yelp will host a conference call to discuss the results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on the same day.
Yelp Inc (NYSE:YELP) moved up +1.87% to $20.72 in the mid day trading hours. YELP has outstanding shares of $63.30 million with the total market cap of 1.31 billion.
For How Long YELP’s Gloss will Attract Investors? Find out via this report
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