NEW YORK (TheStreet) -- Social media stocks fell on Monday prior to Facebook's
(FB) upcoming earnings results announcement at the close of the trading day on Wednesday. Twitter
(TWTR - Get Report) was the biggest decliner with a 6.19% drop to $57.92 at the close of the trading day. Twitter is scheduled to make its first quarterly earnings report on Wednesday, Feb. 5.
Facebook, too, dipped 1.65% to $53.55, while LinkedIn (LNKD) dropped 5.69% to $205.03. Yelp (YELP) fell 4.67% to $72.44, and Groupon (GRPN) dropped 2.82% to $9.99.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts