http://socialnetworkingnews.org/linkedin-groupon-reporting-during-social-media-stock-storm/
LinkedIn and Groupon GRPN -0.35% are due to report results after the bell Thursday during what has been a brutal week for social media stocks.
Twitter TWTR -1.05% reported earnings Monday after the close and showed a slowdown in user growth. That was enough to make the stock reel. Twitter’s stock is down more than 15% since it reported third-quarter results.
Meanwhile, Facebook FB -2.48% managed to spook investors when it reported earnings Tuesday for another reason: spending. The social networking site said it plans to ramp up spending in 2015. Mark Zuckerberg on a conference call said the company plans to invest “aggressively.”
Shares of Facebook are down 9% since the company reported earnings Tuesday.
Investors in LinkedIn appear to be pessimistic Thursday ahead of earnings as the stock is down more than 1%. Groupon’s stock is up slightly.
Source: blogs.wsj.com
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