Twitter, Inc. (NYSE:TWTR) [Trend Analysis] knocking active thrust in leading trading session, shares an advance of 0.79% to 15.22 with around 24.29 Million shares have changed hands in this session. Twitter (TWT) released a new tool to combat spam along with abuse in Periscope broadcasts. Periscope permits anyone to broadcast live to a worldwide audience and enables viewers to interact in real time. Designed to be transparent, live, and community-led, new releasing tool gives people watching broadcast the ability to report comments they find inappropriate as they appear on the screen. A small group of erratically selected live viewers will then vote on whether they agree with the reporter’s assessment. Those found to be sending spammy or abusive comments will be temporarily disabled from commenting within the broadcast.
Periscope CEO and co-founder, Kayvon Beykpour stated that they want their community to feel comfortable when broadcasting. One of the unique things about Periscope is that you’re often interacting with people you don’t know; that immediate intimacy is what makes it such a captivating experience. However, that intimacy can also be a vulnerability if strangers post abusive comments. Broadcasters have always been able to moderate commenters in their broadcast, but they have now created a transparent tool that allows the collective actions of viewers to help moderate bad actors as well. The stock is going forward its fifty-two week low with 10.85% and lagging behind from its 52-week high price with -60.79%.
Likewise the positive performance for the quarter recorded as -14.73% and for the year was -58.45%, while the YTD performance remained at -34.23%. TWTR has Average True Range for 14 days of 0.58.
Shares of GrubHub Inc. (NYSE:GRUB) [Trend Analysis] swings enthusiastically in regular trading session, it an increase of 2.48% to close at $25.59. Grubhub announced that launch of GrubCentral, the company’s new in-restaurant technology platform. Accessible from any device, the GrubCentral platform makes it easy for restaurants to manage their menus, review Grubhub financial statements and easily process orders from any device.
SVP of Product for Grubhub, Sudev Balakrishnan stated that they are completely focused on connecting diners and restaurants, offering the best and broadest set of restaurant choices to diners and positively impacting the bottom line of thier restaurant partners. “We’re thrilled that GrubCentral will make the lives of restaurant owners easier by improving accessibility, enabling real-time menu updates and offering tighter integration with our delivery drivers. Efficiencies driven by this new product will give time back to our restaurant partners to focus on what they love: serving up delicious food.” The stock is going forward its fifty-two week low with 44.01% and lagging behind from its 52-week high price with -37.89%. GRUB last month stock price volatility remained 4.56%.
MeetMe, Inc. (NASDAQ:MEET) [Trend Analysis] retains strong position in active trade, as shares scoring 9.57% to $3.78 in a active trade session, while looking at the shares volume, around 1.57 Million shares have changed hands in this session. MeetMe, Inc. (MEET) declared Discuss, a significant upgrade to Feed feature of its MeetMe applications. Discuss is an interest-based group communication platform designed to foster conversation, connection, and community among like-minded MeetMe users.
Geoff Cook, CEO of MeetMe stated that they understand that their users are primarily looking for people who share their interests, whether they are here to date, make friends, or simply chat. “We’ve created Discuss to facilitate discussions about a variety of interests that we know users share, based on the data we have been collecting over the last few months. We are thrilled to give our users a place to connect by discussing topics that resonate with them, and more generally, to enable communities of like-minded users to form organically within our larger user base.” The firm has institutional ownership of 38.20%, while insider ownership included 5.30%. MEET attains analyst recommendation of 1.80 with week’s performance of 16.31%. Investors looking further ahead will note that the Price to next year’s EPS is 7.47%.