Entire Social, Online Media Sector Surging on Reports of Facebook IPO Filing Next Week (SINA) (GRPN) (QPSA) (RENN) (more)

The entire social and online media sector is surging following mid-day news Facebook will likely file for its IPO on Wednesday of next week.

• SINA (Nasdaq: SINA) shares up 8 percent
  
• Groupon (Nasdaq: GRPN) shares up 2 percent
  
• Quepasa (Nasdaq: QPSA) up 17 percent
  
• Zynga Inc. (Nasdaq: ZNGA) up 5 percent
  
• LinkedIn (Nasdaq: LNKD) up 4 percent
  
• Pandora (NYSE: P) up 4 percent
  
• Renren (Nasdaq: RENN) up 8 percent
  
• Youku (Nasdaq: YOKU) up 5 percent
  
• Ku6 (Nasdaq: KUTV) up 12 percent
  
• Rediff.com (Nasdaq: REDF) up 3 percent
  
• LiveDeal (Nasdaq: LIVE) up 12 percent

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