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Technical Research on Internet Equities -- Bitauto, Twitter, 58.com, and Yelp Inc.
[November 10, 2017]

Technical Research on Internet Equities -- Bitauto, Twitter, 58.com, and Yelp Inc.


NEW YORK, Nov. 10, 2017 /PRNewswire/ --

If you want a Stock Review on BITA, TWTR, WUBA, or YELP then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. For today, DailyStockTracker.com monitors Bitauto Holdings Ltd (NYSE: BITA), Twitter Inc. (NYSE: TWTR), 58.com Inc. (NYSE: WUBA), and Yelp Inc. (NYSE: YELP). Internet Information Providers' companies operate media outlets through the Internet. They generally focus on a specific sector and tailor their content likewise. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at: http://dailystocktracker.com/register/

Bitauto Holdings

On Thursday, shares in Beijing, China headquartered Bitauto Holdings Ltd recorded a trading volume of 985,509 shares. The stock ended the day at $49.41, dropping 4.61% from the last trading session. The Company's shares have surged 33.87% in the previous three months and 160.88% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.07% and 53.92%, respectively. Furthermore, shares of Bitauto, which provides Internet content and marketing, and transaction services for the automotive industry in China, have a Relative Strength Index (RSI) of 54.42.

On October 30th, 2017, Bitauto announced that its controlled subsidiary Yixin Group Limited ("Yixin"), a leading online automobile retail transaction platform in China, attended a hearing before the Listing Committee of the Stock Exchange of Hong Kong Limited ("HKEx") recently in connection with its application to list its ordinary shares on the Main Board of HKEx. There is no assurance that Yixin's listing will take place, or as to when the listing may take place. Sign up and read the free research report on BITA at: http://dailystocktracker.com/registration/?symbol=BITA

Twitter

San Francisco, California headquartered Twitter Inc.'s stock rose 1.58%, finishing yesterday's session at $19.90. A total volume of 20.25 million shares was traded, which was above their three months average volume of 15.44 million shares. The Company's shares have gained 12.24% in the last month, 25.00% over the previous three months, and 22.09% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.97% and 15.99%, respectively. Additionally, shares of Twitter, which operates as a global platform for public self-expression and conversation in real time, have an RSI of 56.71.

On November 06th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Sell' to 'Neutral'.

On November 08th, 2017, Twitter announced that it is partnering with Brandwatch, a leading social intelligence company, and Cheddar live news network to keep holiday enthusiasts up-to-date on what's hot and what's not this season. Brandwatch will be analyzing the real-time, holiday purchasing conversations across various industries, like Consumer Tech, Auto, and Retail, among others, as well as the general holiday mentions on Twitter. The complimentary research report on TWTR can be downloaded at: http://dailystocktracker.com/registration/?symbol=TWTR

5.com

Shares in Beijing, China headquartered 58.com Inc. ended the session 0.43% lower at $67.11. The stock recorded a trading volume of 1.22 million shares. The Company's shares have gained 2.74% in the last one month, 28.71% over the previous three months, and 139.68% on an YTD basis. The stock is trading 2.62% above its 50-day moving average and 39.81% above its 200-day moving average. Moreover, shares of 58.com, which operates online classifieds and listing platforms that enable local merchants and consumers to connect, share information, and conduct business in China, have an RSI of 52.26.  

On November 07th, 2017, 58.com announced plans to release its unaudited financial results for Q3 ended September 30th, 2017, before the open of US markets on November 13th, 2017. Management will host an earnings conference call at 8:00 a.m. US ET that same day. A live and archived webcast of the conference call will be available under the Investor Relations section of the Company's website. Register for free on DailyStockTracker.com and access the latest report on WUBA at: http://dailystocktracker.com/registration/?symbol=WUBA


Yelp Inc.

At the closing bell on Thursday, San Francisco, California headquartered Yelp Inc.'s stock climbed 0.98%, finishing at $45.55. A total volume of 1.24 million shares was traded. The Company's shares have gained 3.57% in the last month, 8.37% over the previous three months, and 19.46% on an YTD basis. The stock is trading 3.07% and 24.69% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Yelp, which operates a platform that connects people with local businesses in the US, Canada, and internationally, have an RSI of 54.55. 

On October 17th, 2017, Yelp announced the launch of the Yelp Local Economic Outlook, a new data initiative to track which areas of America are ripe for economic opportunity. The Outlook comprises a list of 50 cities in the US ranked by where businesses have the best chance of success, along with the top 50 neighborhoods and ten business categories that have risen the most in rankings for new business opportunity. Get free access to your research report on YELP at: http://dailystocktracker.com/registration/?symbol=YELP

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