NEW YORK, April 26, 2017 /PRNewswire/ --
Stock-Callers.com today monitors 58.com Inc. (NYSE: WUBA), Match Group Inc. (NASDAQ: MTCH), YY Inc. (NASDAQ: YY), and VeriSign
Inc. (NASDAQ: VRSN). According to Patsnap, the Internet Information Providers industry's key markets are the U.S., WIPO
(PCT), and Japan, based on the countries of patent applications. The main technology areas are electric digital
data processing, transmission of digital information, and wireless communication networks. Today's research
reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
58.com
Beijing, the People's Republic of China headquartered 58.com Inc.'s stock finished Tuesday's
session 1.33% higher at $39.48 with a total trading volume of 824,118 shares. The Company's shares
have advanced 5.82% in the past month, 35.58% over the previous three months, and 41.00% on an YTD basis. The stock is trading
above its 50-day and 200-day moving averages by 9.38% and 0.19%, respectively. Furthermore, shares of 58.com, which operates an
online marketplace for local merchants and consumers in the People's Republic of China, have a
Relative Strength Index (RSI) of 70.47.
On April 17 th, 2017, 58.com announced that it has entered into a definitive
agreement with Tencent Holdings Limited, a leading provider of Internet services in China, to invest in Zhuan Zhuan, the used goods trading platform incubated by 58.com. The transaction is
currently expected to close in Q2 2017.
On April 18 th, 2017, research firm The Benchmark Company initiated a 'Hold' rating
on the Company's stock. Visit us today and access our complete research report on WUBA at:
http://stock-callers.com/registration/?symbol=WUBA
Match Group
Shares in Dallas, Texas headquartered Match Group Inc. ended at $18.47, up 1.15% from the last trading session with a total volume of 1.29 million shares traded. The Company's
shares have gained 16.31% in the last one month, 1.32% in the previous three months, and 8.01% on an YTD basis. The stock is
trading 10.10% above its 50-day moving average and 8.68% above its 200-day moving average. Moreover, shares of Match Group, which
provides dating products, have an RSI of 76.82.
On April 12 th, 2017, Match Group announced that it will audiocast a conference call
to review its Q1 2017 financial results and answer questions on Wednesday, May 03 rd,
2017, at 8:30 a.m. ET. After the close of market trading on Tuesday,
May 02 nd, 2017, the Company will publish its Q1 results, along with a supplemental investor presentation,
which may include certain forward-looking information.
On April 18 th, 2017, research firm Jefferies initiated a 'Buy' rating on the
Company's stock, with a target price of $21 per share. The complimentary report on MTCH can be
downloaded at:
http://stock-callers.com/registration/?symbol=MTCH
YY Inc.
Guangzhou, the People's Republic of China headquartered YY Inc.'s stock ended yesterday's
session 2.26% higher at $47.00 with a total trading volume of 897,251 shares. The Company's shares
have advanced 1.51% in the past month, 12.90% over the previous three months, and 19.23% on an YTD basis. The stock is trading
1.78% and 2.37% above its 50-day and 200-day moving averages, respectively. Additionally, shares of YY, which through its
subsidiaries, operates an online social platform in the People's Republic of China, have an RSI
of 57.27.
On April 18 th, 2017, research firm The Benchmark Company initiated a 'Buy' rating on
the Company's stock, with a target price of $60 per share.
On April 20 th, 2017, YY Inc. announced that it has filed its annual report on Form
20-F for the fiscal year ended December 31 st, 2016 with the SEC on April 20 th, 2017. The annual report can be accessed on the Company's investor relations website.
The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of
charge, to its shareholders and ADS holders upon request. Register for free on Stock-Callers.com and access the latest research
report on YY at:
http://stock-callers.com/registration/?symbol=YY
VeriSign
On Tuesday, shares in Reston, Virginia headquartered VeriSign Inc. recorded a trading volume
of 648,514 shares. The stock finished 0.88% higher at $89.28. The Company's shares have advanced
2.40% in the last one month, 10.84% in the previous three months, and 17.37% since the start of this year. The stock is trading
above its 50-day and 200-day moving averages by 4.08% and 9.88%, respectively. Furthermore, shares of VeriSign, which provides
domain name registry services and Internet security worldwide, have an RSI of 68.47.
On April 03 rd, 2017, VeriSign announced that its earnings call for Q1 2017 will take
place on Thursday, April 27 th, 2017, at 4:30 p.m. ET. The
earnings news release will be distributed to the wire services at approximately 4:05 p.m. ET on the
same day, and will also be available on the Company's website.
On April 12 th, 2017, research firm Citigroup upgraded the Company's stock rating
from 'Sell' to 'Neutral'. Get free access to your research report on VRSN at:
http://stock-callers.com/registration/?symbol=VRSN
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