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Stock Updates on Information Technology Bellwethers - Research on Akamai Technologies, Yelp, SouFun Holdings, and LinkedIn

Editor Note: For more information about this release, please scroll to bottom.

LONDON, March 24, 2014 /PRNewswire/ --

On Friday, March 21, 2014, the NASDAQ Composite ended at 4,276.79, down 0.98%, the Dow Jones Industrial Average declined 0.17% to 16,302.77, and the S&P 500 closed at 1,866.52, down 0.29%. Four out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index finished the day at 598.00, down 0.45%, while the same has gained 0.85% in the last one month. Investor-Edge has initiated coverage on the following equities: Akamai Technologies Inc. (NASDAQ: AKAM), Yelp Inc. (NYSE: YELP), SouFun Holdings Ltd (NYSE: SFUN) and LinkedIn Corp. (NYSE: LNKD). Free technical research on AKAM, YELP, SFUN and LNKD can be downloaded upon signing up at:

http://www.investor-edge.com/439-register


Shares in Akamai Technologies Inc. recorded a trading volume of 3.39 million shares on Friday, as compared with a three month average volume of 2.58 million shares. The stock ended the day at $60.72, down 2.00% after trading between $60.47 and $62.74. The company's shares have rallied 27.80% in the previous three months and 28.70% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Akamai Technologies Inc.'s 50-day moving average of $55.72 is above the 200-day moving average of $48.92. Furthermore, shares of the company are trading at a PE ratio of 39.76 and at an Relative Strength Index (RSI) of 55.98. Sign up today to read free research on AKAM at:

http://www.investor-edge.com/439-AKAM-24Mar2014.pdf


On Friday, Yelp Inc.'s stock edged 1.04% lower to close the day at $83.43. A total of 3.24 million shares were traded, which is below the three months average volume of 3.32 million. The company's shares oscillated between $82.64 and $86.84 during the trading session. Yelp Inc.'s shares have surged 22.15% in the previous three months and 21.00% on YTD basis, while the same has lost 9.14% in the last one month. The stock is trading above its 200-day moving average. Yelp Inc.'s 50-day moving average of $86.55 is above the 200-day moving average of $63.67. Further, the company's stock is trading at an RSI of 39.58. Sign up today to read free research on YELP at:

http://www.investor-edge.com/439-YELP-24Mar2014.pdf


SouFun Holdings Ltd.'s stock declined 0.48% on Friday, finishing the session at $75.04. The stock recorded a trading volume of 2.27 million shares as compared to a three months average volume of 1.79 million shares. The stock fluctuated between $73.33 and $79.77 during the session. SouFun Holdings Ltd.'s shares have lost 6.19% in the last one month and 8.94% on YTD basis. The stock is trading above its 200-day moving average. SouFun Holdings Ltd's 50-day moving average of $82.80 is above the 200-day moving average of $57.46. Moreover, the stock is trading at a PE ratio of 21.82 and at an RSI of 38.84. Sign up today to read free research on SFUN at:

http://www.investor-edge.com/439-SFUN-24Mar2014.pdf


On Friday, shares in LinkedIn Corp. witnessed a trading volume of 2.76 million shares, as compared with a three month average volume of 2.83 million shares. The stock ended the day at $196.72, down 3.77% after vacillating between $196.17 and $205.45. Shares in LinkedIn Corp. have advanced 2.13% in the last one month, while the same has declined 10.59% in the previous three months and 9.27% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. LinkedIn Corp.'s 200-day moving average of $216.76 is above the 50-day moving average of $206.95. Additionally, the company's shares are trading at a PE ratio of 855.30 and at an RSI of 44.64. Sign up today to read free research on LNKD at:

http://www.investor-edge.com/439-LNKD-24Mar2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

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Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

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