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Facebook Inc (NASDAQ:FB) has confessed that there is practically not anything it can do to prohibit young addicts setting up profiles and possibly being exposed to explicit content, online bullying and training.
The world's largest social network has a law that under-13s are not permitted to have profiles and likewise has stringent rules for policing explicit content and stopping bullying and grooming.
Is FB a Solid Investment at These Levels? Read This Report For Details
But, there is no strict authentication system to validate the age of Facebook users and some research assessments a third of 9 to 12-year-olds in the UK have an account on the social network.
The director of policy for Facebook UK and Ireland, Simon Milner, acknowledged that it was a complicated topic for the firm. He added that they have not got a mechanism for removing the problem of immature users.
At the current trading session, Facebook Inc (NASDAQ:FB) shares gained +1.86% to $31.30 while The Stock traded within the range of $30.80– $31.50. In the past year, the stock has traded within a range of $17.55 – $45.00. The current session’s volume of 17.30 million shares is down from the average daily trading volume of 66.94 million shares.
For How Long FB will Fight for Profitability? Read This Trend Analysis report
While If we look at the few other stocks at tech sector, Shutterfly, Inc., Akamai Technologies, Inc. and Linkedin Corporation are remain in gainers list. Let’s have a quick look on their Market performance.
Shutterfly, Inc. (NASDAQ:SFLY) shares are up +1.73% to $32.97 while the stock is traded within the range of $32.26 – $33.18 in the current trading session. In the last 12 months the shares have traded between $22.81 and $35.00. The current session’s volume of 423,683 shares is lower than their average daily trading volume of 688,885 shares.
Will SFLY Continue To Move Higher? Find Out Here
Akamai Technologies, Inc. (NASDAQ:AKAM) shares in the current session moved up +0.78% reaching at $40.24. The stock traded in a range of $40.06 – $40.48. In the last year the stock has moved within a range of $25.90 – $42.53. The current session’s volume of 419,471 shares is lower from their average daily trading volume of 2.48 million shares.
Why Should Investors Buy AKAM After The Recent Gain? Just Go Here and Find Out
Another rival company Linkedin Corporation (NYSE:LNKD) trading up +0.73% to $120.16. Intraday trading recorded the stock price in a range of $119.02 to $120.67. In the previous 52 weeks the stock’s price ranged between $71.06 and $125.50. The current session’s volume of 394,543 shares was lower from their average daily trading volume of 1.51 million shares.
What was the Moving Force behind LNKD On Bullish Run? Read This Research Report
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