Pre-market Internet Software and Services Picks -- Research on Renren, Yahoo!, Google, and IAC/InterActiveCorp

LONDON, June 5, 2014 /PRNewswire/ --

On Wednesday, June 04, 2014, the NASDAQ Composite ended at 4,251.64, up 0.41%, the Dow Jones Industrial Average advanced 0.09%, to finish the day at 16,737.53, and the S&P 500 closed at 1,927.88, up 0.19%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 618.33, up 0.26%, with the index also advancing 3.72% in the previous one month. Investor-Edge has initiated coverage on the following equities: Renren Inc. (NYSE: RENN), Yahoo! Inc. (NASDAQ: YHOO), Google Inc. (NASDAQ: GOOGL) and IAC/InterActiveCorp (NASDAQ: IACI). Free technical research on RENN, YHOO, GOOGL and IACI can be downloaded upon signing up at:

http://www.investor-edge.com/3462-register

Renren Inc.'s stock edged 0.30% lower, to close the day at $3.33. The stock recorded a trading volume of 0.38 million shares, below its three months average volume of 1.99 million shares. The stock oscillated between $3.32 and $3.38 during the session. Over the last one month and since start of this year, Renren Inc.'s shares have gained 1.22% and 9.18%, respectively. However, the stock has lost 1.48% in the previous three trading sessions. The stock is trading above its 50-day moving average of $3.30, while the 50-day moving average is below Renren Inc.'s 200-day moving average of $3.38. Additionally, the stock traded at a PE ratio of 29.47 and has a Relative Strength Index (RSI) of 50.39. Sign up today to read free research on RENN at:

http://www.investor-edge.com/3462-RENN-05Jun2014.pdf

On Wednesday, shares in Yahoo! Inc. recorded a trading volume of 9.42 million shares, lower than its three months average volume of 21.93 million shares. The stock ended the day at $34.73, which was 0.23% above its previous day's closing of $34.65, and registered an intraday range of $34.26 and $34.83. Shares of the company traded at a PE ratio of 28.66. Although Yahoo! Inc.'s shares have gained 0.23% in the previous three trading sessions, it has declined 5.80% in the last one month and 14.12% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $35.00 and $35.31, respectively. Furthermore, shares of the company have an RSI of 48.24. Sign up today to read free research on YHOO at:

http://www.investor-edge.com/3462-YHOO-05Jun2014.pdf

Google Inc.'s stock finished the Wednesday's session 0.14% lower at $553.76. A total of 1.73 million shares were traded, which was below its three months average volume of 2.40 million shares. The stock moved between $548.56 and $558.58 during the session. Over the last three trading sessions and since start of this year, Google Inc.'s shares have lost 3.13% and 1.27%, respectively. However, the company's stock has gained 3.73% in the past one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $548.02 is greater than its 200-day moving average of $529.05. Google Inc.'s stock traded at a PE ratio of 29.62 and has an RSI of 51.91. Sign up today to read free research on GOOGL at:

http://www.investor-edge.com/3462-GOOGL-05Jun2014.pdf

On Wednesday, InterActiveCorp's stock fluctuated between $65.04 and $66.57 before ending the session 0.53% higher at $66.48. InterActiveCorp's stock reported a trading volume of 0.94 million shares, below its three months average volume of 1.40 million shares. Shares of the company traded at a PE ratio of 25.52. InterActiveCorp's shares have advanced 0.41% in the previous three trading sessions and 2.18% in the last one month. However, the company's stock has lost 3.16% since start of this year. The stock is trading above its 200-day moving average of $63.06. Moreover, shares of the company have an RSI of 54.56. Sign up today to read free research on IACI at:

http://www.investor-edge.com/3462-IACI-05Jun2014.pdf


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