Facebook (FB) Having Its Best Up Day Since IPO
Tweet
Share
E-mailGet Alerts FB Hot Sheet
Join SI Premium – FREE
Facebook (Nasdaq: FB) is up over 9 percent on the session, off of session highs, but producing its best showing since its IPO on May 18th.
The rise comes following six straight sessions of down days, of which five came following the social media giant's first quarterly report since going public. Facebook has been lower 16 of the past 18 sessions.
Today's move might be partially attributed to LinkedIn (NYSE: LNKD), which reported strong second-quarter results late Thursday.
The rise comes following six straight sessions of down days, of which five came following the social media giant's first quarterly report since going public. Facebook has been lower 16 of the past 18 sessions.
Today's move might be partially attributed to LinkedIn (NYSE: LNKD), which reported strong second-quarter results late Thursday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Victory Capital agrees to buy First Eagle Investments for $7B
- Cerence repurchases $10M of convertible notes at below-par price
- J.M. Smucker shares jump on quarterly earnings beat, raised annual guidance
Create E-mail Alert Related Categories
Insiders' BlogRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
