IT Providers Stocks on Investors' Radar -- Fang, MeetMe, Baidu, and Yelp

Shares in Beijing, the People's Republic of China headquartered Baidu Inc. ended the session 0.91% higher at $176.76 with a total trading volume of 2.06 million shares. The stock has gained 10.30% in the previous three months. The Company's shares are trading above their 200-day moving average by 2.06%. Moreover, shares of Baidu, which provides Internet search services in China and internationally, have an RSI of 45.54.

On October 17^th, 2016, Xilinx, Inc. announced that Baidu is utilizing Xilinx® FPGAs to accelerate machine learning applications in their data centers in China. The two companies are collaborating to further expand volume deployment of FPGA-based accelerated platforms. Sign up for your complimentary research report on BIDU at:

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Yelp 

San Francisco, California headquartered Yelp Inc.'s shares recorded a trading volume of 3.37 million shares, which was above their three months average volume of 2.45 million shares. The stock closed 2.77% lower at $33.40. The Company's shares have gained 9.94% in the previous three months and 15.97% since the start of this year. The stock is trading 21.18% above its 200-day moving average. Additionally, shares of Yelp, which operates a platform that connects people with local businesses primarily in the US, have an RSI of 25.58.

On September 26^th, 2016, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $42 a share to $45 a share.

On October 19^th, 2016, Yelp announced that it will issue its financial results for the Q3 ended September 30^th, 2016 before the market opens on November 2^nd, 2016. Yelp will host a conference call to discuss the results at 8:00 a.m. ET on the same day. Get free access to your research report on YELP at:

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