Social Media Stocks News Update: Facebook Inc (NASDAQ:FB) & Twitter Inc (NYSE:TWTR) – Money News (press release)

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During the most recent trading day, the stock’s price shifted up +65.96 percent from its 52-week-low while -1.08 percent lower from its 52-week high. According to Financial Times, Facebook Inc (NASDAQ:FB) has won a Chinese trademark case against a company that registered the brand name “face book”, in a sign that Beijing attitudes are softening towards the world’s leading social networking site, which is blocked to China’s 700m internet users. Mark Zuckerberg, Facebook’s founder, has been at the forefront of a charm offensive apparently aimed at prying open the Chinese market.

In addition to trying to master the Chinese language, Mr Zuckerberg has entertained China’s chief censor at his San Francisco home, met the head of the ruling Communist party’s propaganda apparatus and jogged through Tiananmen Square on a badly polluted day. Financial Times Report

Shares of company were moving above of 50 days simple moving average with 7.02% while 200 days simple moving average with 16.88%. According to independent, Facebook users will have noticed a subtle change to their news feed today with a “flower reaction” being temporarily introduced to the site. It’s meant to celebrate Mother’s Day in more than 80 countries around the world.

Twitter Inc generated a return on investment of -7.30% in past 12 months and return on equity of -10.10% for similar period. According to Profitconfidential, Jack Dorsey is probably working massive hours in his dual role as head of both Twitter Inc (NYSE:TWTR) and Square Inc (NYSE:SQ). Unfortunately, so far, it’s failing. The shares of Twitter are caught in a downward spiral, sucking air as rivals such as Facebook Inc (NASDAQ:FB) and Alphabet Inc (NASDAQ:GOOG) dominate.

The Company’s Net profit margin was 23.60% while gross profit margin was 84.60%.  According to Bostonherald, The Twitter beef between Bay State U.S. Sen. Elizabeth Warren and Republican front-runner Donald Trump has been raging for months. Here’s a rundown of some of the jabs they’ve thrown at each other.

Trump on March 19: “She’s got about as much Indian blood as I have. Her whole life was based on a fraud. She got into Harvard and all that because she said she was a minority.”

The share price of Twitter Inc (NYSE:TWTR) surged 52.35 percent for the year. YTD, the current share price of the stock is above 14.17 percent.

Shares of Facebook Inc (NASDAQ:FB) gained 1.43% to $119.49 on Friday. The share price is trading in a range of 117.11 – 119.64 (Price in Dollars). The stock exchanged hands with 26.40M shares contrast to its average daily volume of 32.38M shares.