Social Networking sites are all the rage right now and social networking stocks have been surging over the past couple days. It appears the imminent Facebook IPO due for this week is shedding light on the industry.
FriendFinder Networks Inc (NASDAQ:FFN) has traded as high as $1.14 during today’s trading session and last traded at $1.04 for a gain of 16.85% from Friday’s close. FFN shares have traded as high as $10.01 over the last 52 weeks, which is nearly 90% of that high at last traded stock price.
FriendFinder Networks Inc. (www.FFN.com) is an internet-based social networking and technology company operating several of the most heavily visited websites in the world, including AdultFriendFinder.com, Amigos.com, AsiaFriendFinder.com, Cams.com, FriendFinder.com, BigChurch.com and SeniorFriendFinder.com, and social commerce company operating JigoCity websites in more than five countries, providing members high quality, daily deals that are relevant to their individual lifestyles. FriendFinder Networks Inc. also produces and distributes original pictorial and video content and engages in brand licensing.
Renren Inc (NYSE:RENN) has traded as high as $6.12 during today’s trading session and last traded at $5.87 for a gain of 11.81% from Friday’s close. RENN shares have traded as high as $24 over the last 52 weeks, which is 75.5% of that high at last traded stock price.
RenRen Inc. operates the leading real name social networking internet platform in China. It enables users to connect and communicate with each other, share information and user generated content, play online games, listen to music, shop for deals and enjoy a wide range of other features and services. RenRen’s platform includes the main social networking website Renren.com, the online games center game.Renren.com, the social commerce website nuomi.com, and the newly launched professional and business social networking service website jingwei.com. It had approximately 117 million activated users as of March 31, 2011.
Quepasa Corporation (AMEX:QPSA) has traded as high as $5.25 during today’s trading session and last traded at $4.87 for near even percentage change from Friday’s close. QPSA shares have traded as high as $15.45 over the last 52 weeks, which is nearly 68.5% of that high at last traded stock price.
Quepasa Corporation is the public market leader for social discovery and owner of Latin-American platform Quepasa and North-American platform myYearbook. The company makes meeting new people fun through social games and apps, monetized through both advertising and virtual currency. In addition to Quepasa and myYearbook, the Company operates Quepasa Games, a cross-platform social game development studio.
Quepasa has strong reach throughout the world, with a concentration across North and South America. Quepasa is headquartered in New Hope, Pennsylvania. For more information about the Company, go to www.quepasacorp.com, or join for free at www.Quepasa.com, myYearbook.com, or via the myYearbook app on iPhone, iPad, and Android.
Facebook, Inc. IPO is coming soon… expecting to file on Wednesday.
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