Internet Software and Services Stocks on the Move - Yahoo!, LinkedIn, Rackspace Hosting, Renren, and Momo

LONDON, January 6, 2015 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Yahoo! Inc. (NASDAQ: YHOO), LinkedIn Corporation (NYSE: LNKD), Rackspace Hosting Inc. (NYSE: RAX), Renren Inc. (NYSE: RENN), and Momo Inc. (NASDAQ: MOMO). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Monday, January 05, 2015, the NASDAQ Composite ended at 4,652.57, down 1.57%, the Dow Jones Industrial Average lost 1.86%, to finish the day at 17,501.65, and the S&P 500 closed at 2,020.58, down 1.83%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 678.72, down 1.77%, while the index has advanced 3.73% in the previous three months. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

Yahoo! Inc.'s stock lost 2.07%, to close Monday's session at $49.13, after oscillating between $48.91 and $49.88. The stock recorded a trading volume of 12.50 million shares, much below its three months average volume of 23.99 million shares. Over the last three months and previous one year, Yahoo! Inc.'s shares have surged 19.74% and 22.46%, respectively. However, the stock has fallen by 3.65% in the last one month. The stock is trading above its 200-day moving average. The stock's 50-day moving average of $49.33 is above its 200-day moving average of $39.77. Further, Yahoo! Inc.'s stock traded at a PE ratio of 37.03 and has a Relative Strength Index (RSI) of 50.55. Sign up and read the free notes on YHOO at:

http://get.Investor-Edge.com/pdf/?c=Yahoo!&d=06-Jan-2015&s=YHOO

LinkedIn Corp.'s stock finished Monday's session 0.93% lower at $227.51. A total of 1.40 million shares were traded, which was below its three months average volume of 1.59 million shares. The stock moved between $225.56 and $232.20 during the session. Over the last one month and the previous three months, LinkedIn Corp.'s shares have advanced 4.32% and 7.89%, respectively. Additionally, the stock has gained 9.69% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $221.55 is greater than its 200-day moving average of $192.95. LinkedIn Corp.'s stock has an RSI of 55.72. The complimentary notes on LNKD can be downloaded as in PDF format at:

http://get.Investor-Edge.com/pdf/?c=LinkedIn&d=06-Jan-2015&s=LNKD

On Monday, shares in Rackspace Hosting Inc. fluctuated between $46.67 and $47.93 before ending the session 0.34% lower at $47.14. The stock reported a trading volume of 1.24 million shares, below its three months average volume of 1.72 million shares. Shares of the company traded at a PE ratio of 71.42. Although, Rackspace Hosting Inc.'s shares have declined 0.25% in the previous three trading sessions, it has advanced 38.52% in the last three months and 25.54% in the last one year. The stock is trading above its 50-day and 200-day moving averages of $43.39 and $35.80, respectively. Moreover, shares of Rackspace Hosting Inc. have an RSI of 59.38. Register for free on Investor-Edge and access the latest research on RAX at:

http://get.Investor-Edge.com/pdf/?c=Rackspace%20Hosting&d=06-Jan-2015&s=RAX

Renren Inc.'s stock lost 1.12%, to close the day at $2.66. The stock recorded a trading volume of 0.81 million shares, above its three months average volume of 0.74 million shares. The stock oscillated between $2.66 and $2.80 during the session. Over the last three trading sessions and over the past one month, Renren Inc.'s shares have gained 3.91% and 0.38%, respectively. However, the stock has lost 16.61% in the previous one year. The stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $3.20 is above its 50-day moving average of $2.89. Additionally, shares of Renren Inc. have an RSI of 50.05. The complete research on RENN is available for free at:

http://get.Investor-Edge.com/pdf/?c=Renren&d=06-Jan-2015&s=RENN

On Monday, shares in Momo Inc. recorded a trading volume of 1.27 million shares during the session. The stock ended the day at $13.09, which was 2.51% above its previous day's closing of $12.77, and registered an intraday range of $12.42 and $13.63. Momo Inc.'s shares have surged 10.28% in the previous three trading sessions. Furthermore, shares of the company have an RSI of 47.54. Momo Inc. recently launched its IPO and debuted on NASDAQ on December 11, 2014. Free in depth research on MOMO is available at:

http://get.Investor-Edge.com/pdf/?c=Momo&d=06-Jan-2015&s=MOMO

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