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TMCNet:  Pre-Market Technical Recap on Internet Stocks -- Twitter, Yelp, JD.com, and Alphabet

[August 18, 2017]

Pre-Market Technical Recap on Internet Stocks -- Twitter, Yelp, JD.com, and Alphabet

NEW YORK, August 18, 2017 /PRNewswire/ --

If you want a Stock Review on TWTR, YELP, JD, or GOOG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated research coverage on Twitter Inc. (NYSE: TWTR), Yelp Inc. (NYSE: YELP), JD.com Inc. (NASDAQ: JD), and Alphabet Inc. (NASDAQ: GOOG). Internet Information Providers companies operate media outlets through the Internet. They generally focus on a specific sector and tailor their content likewise. Daily Stock Tracker provides great insights on these stocks in its free research reports at:

http://dailystocktracker.com/register/

Twitter 

San Francisco, California headquartered Twitter Inc.'s shares saw a decline of 1.79%, finishing Thursday's trading session at $15.87. A total volume of 9.15 million shares was traded. The stock is trading below its 200-day moving average by 7.49%. Moreover, shares of Twitter, which operates as a global platform for public self-expression and conversation in real time, have a Relative Strength Index (RSI) of 35.92.

On July 27th, 2017, Twitter announced financial results for its Q2 2017. For Q2 2017, revenue was $574 million; GAAP net loss was $116 million; and GAAP diluted EPS was ($0.16). Quarterly non-GAAP net income was $56 million, or $0.08 per diluted share; adjusted EBITDA was $178 million, or 31% of total revenue; and average MAU was 328 million.

On August 16th, 2017, research firm SunTrust initiated a 'Hold' rating on the Company's stock, with a target price of $16 per share. Free research report on TWTR is available at:

http://dailystocktracker.com/registration/?symbol=TWTR


Yelp Inc. 

On Thursday, shares in San Francisco, California headquartered Yelp Inc. recorded a trading volume of 1.54 million shares, and ended the session 1.31% lower at $41.43. The stock has gained 26.00% in the last one month, 48.02% over the previous three months, and 8.65% on an YTD basis. The Company's shares are trading 25.85% above their 50-day moving average and 19.16% above their 200-day moving average. Furthermore, shares of Yelp, which operates a platform that connects people with local businesses in the US, Canada, and internationally, have an RSI of 70.01.

On August 03rd, 2017, Yelp and Grubhub Inc., the US leading online and mobile food ordering company, announced a long-term partnership designed to capitalize on each of their unique assets and propel online takeout and delivery. As part of the agreement, the latter will acquire Yelp's Eat24 business, and Yelp will integrate online ordering from all Grubhub restaurants onto its extensive local goods and services platform.

On August 04th, 2017, research firm MKM Partners upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary research report on YELP can be downloaded at:


http://dailystocktracker.com/registration/?symbol=YELP





JD.com 

Shares in Beijing, the People's Republic of China headquartered JD.com Inc. closed at $40.80, plummeting 6.53% from the last trading session. The stock recorded a trading volume of 30.57 million shares, which was above its three months average volume of 11.69 million shares. The Company's shares have gained 1.59% over the previous three months and 60.38% since the start of this year. The stock is trading 21.66% above its 200-day moving average. Additionally, shares of JD.com, which through its subsidiaries, operates as an e-commerce company in the People's Republic of China, have an RSI of 35.33.

On August 14th, 2017, JD.com announced its unaudited financial results for the quarter ended June 30th, 2017. Net revenues for Q2 2017 were RMB 93.2 billion (US $13.7 billion), and net loss from continuing operations was RMB 287.0 million (US $42.3 million). Diluted net loss per ADS from continuing operations was RMB 0.20 (US $0.03) for the quarter, and non-GAAP diluted net income per ADS from continuing operations was RMB 0.67 (US $0.10). Visit DailyStockTracker.com today and access our complete research report on JD at:

http://dailystocktracker.com/registration/?symbol=JD


Alphabet 

Mountain View, California headquartered Alphabet Inc.'s stock ended 1.72% lower at $910.98 with a total trading volume of 1.24 million shares. The Company's shares have advanced 18.03% on an YTD basis. The stock is trading above its 200-day moving average by 6.05%. Furthermore, shares of Alphabet, which through its subsidiaries, provides online advertising services in the US, the UK, and rest of the world, have an RSI of 38.94. Get free access to your research report on GOOG at:

http://dailystocktracker.com/registration/?symbol=GOOG

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