Welcome!

.NET Authors: Tim Hinds

News Feed Item

Wall Street Technical Pulse: Facebook, Twitter, IAC/InterActiveCorp, and LinkedIn

LONDON, December 4, 2013 /PRNewswire/ --

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

On Tuesday, December 03, 2013, the U.S. equity market finished the day on a lower note as the S&P 500 ended the day at 1,795.15, down 0.32%; the Dow Jones Industrial Average closed at 15,914.62, down 0.59%; and the NASDAQ Composite finished at 4,037.20, down 0.20%. However, the S&P 500 Internet Software & Services Sub Industry Index edged 0.03% higher, closing at 344.38. The Internet Software & Services Sub Industry Index has gained 2.78% in the last one month and 19.14% in the previous three months, outperforming the S&P 500, which has gained 1.90% and 9.48%, during the respective periods.  The major movers in the industry included Facebook Inc. (NASDAQ: FB), Twitter Inc. (NYSE: TWTR), IAC/InterActiveCorp (NASDAQ: IACI), and LinkedIn Corporation (NYSE: LNKD). All these companies are tracked by AAAResearchReports.com. Free technical research on FB, TWTR, IACI, and LNKD can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

On Tuesday, Facebook Inc.'s stock edged lower to end the day at $46.73, down 0.70% from the previous day's closing price of $47.06. The company's shares vacillated between $46.29 and $47.20 during the trading session. A total of 31.99 million shares were traded, which is below the daily average volume of 78.50 million. Despite Tuesday's pullback, the company's shares have gained 0.52% in the previous three trading sessions and 11.61% in the last three months, outperforming the S&P 500, which has fallen by 0.67% and has gained 9.48%, during the respective periods. Moreover, Facebook Inc.'s stock is trading above its 200-day moving average of $34.67. Sign up and read the complimentary report on FB at:

http://www.AAAResearchReports.com/FB120413.pdf

Twitter Inc.'s stock advanced on Tuesday, even as the broader market posted losses. The company's shares ended the day 1.45% higher at $41.37, after trading between $40.54 and $41.60. A total of 5.77 million shares were traded during the trading session. The company's shares have gained 1.15% in the previous three trading sessions, outperforming the S&P 500, which has fallen by 0.67% during the same period. The free report on TWTR can be downloaded by signing up now at:

http://www.AAAResearchReports.com/TWTR120413.pdf

Shares in IAC/InterActiveCorp oscillated between $56.71 and $57.24 before finishing Tuesday's session 0.11% lower at $57.06. A total of 1.27 million shares were traded, which is above the daily average volume of 1.14 million. Despite Tuesday's pullback, the company's shares have gained 4.60% in the last one month and 14.79% in the previous three months, outperforming the S&P 500, which has gained 1.90% and 9.48%, during the respective periods. Additionally, IAC/InterActiveCorp's stock is trading above its 50-day and 200-day moving averages of $55.48 and $49.84, respectively. A free report on IACI can be accessed by registering at:

http://www.AAAResearchReports.com/IACI120413.pdf

On Tuesday, LinkedIn Corp.'s stock closed the day at $216.43, which is 1.80% lower than the previous day's closing price of $220.39. The company's shares fluctuated between $215.00 and $221.74 during the trading session. A total of 1.45 million shares were traded, which is below the daily average volume of 2.24 million. The company's shares have fallen by 1.58% in the last one month, underperforming the S&P 500, which has gained 1.90%, during the same period. However, LinkedIn Corp.'s stock is trading below its 200-day moving average of $203.36. Register with AAA Research Reports and download research on LNKD for free at:

http://www.AAAResearchReports.com/LNKD120413.pdf

EDITOR 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 Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to making 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@EquityNewsNetwork.com.
  5. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.AAAResearchReports.com

SOURCE AAA Research Reports

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.