Pompano Beach, FL -- (SBWIRE) -- 01/09/2013 -- No Limit Stocks - NOLIMITSTOCKS.com covers all the latest on up and coming stocks in the market. No limit Stocks team contain experts that study and analyzes the stock market and help individuals break through the limits and make them better & more successful investors.
Facebook Inc (NASDAQ:FB) has distributed an invitation to the press for an event coming week at its Menlo Park property.
This press conference could be organized for any number of causes; it could be certain sort of new product release or a redesign of a well-liked component of Facebook. But one option worth noting is that of the strange Facebook Phone.
Should FB a Buy or Sell Now? Find Out Here
CEO Mark Zuckerberg has openly suppressed stories that the business is building a Facebook phone, naming such a move “wrong strategy.”
On the other hand, people near to the firm stated that Facebook has worked closely with handset makers, like HTC, to design phones, in relation to reports by The Wall Street Journal.
At the current trading session, Facebook Inc (NASDAQ:FB) shares gained +3.92% to $30.20 while The Stock traded within the range of $29.49 – $30.20. In the past year, the stock has traded within a range of $17.55 – $45.00. The current session’s volume of 39.16 million shares is down from the average daily trading volume of 66.73 million shares.
Will FB Continue To Move Higher? Find Out Here
While If we look at the few other stocks within industry, Global Sources Ltd., Youku Tudou Inc and Bitauto Hldg were remain in top in the gainers list. Let’s have a quick look on their Market performance.
Global Sources Ltd. (Bermuda) (NASDAQ:GSOL) shares are up +5.99% to $7.25 while the stock is traded within the range of $6.90 – $7.29 in the current trading session. In the last 12 months the shares have traded between $4.90 and $7.37. The current session’s volume of 63,665 shares is lower than their average daily trading volume of 29,783 shares.
For How Long GSOL will Fight for Profitability? Read This Trend Analysis report
Youku Tudou Inc (ADR) (NYSE:YOKU) shares in the current session moved up +3.63% reaching at $20.53. The stock traded in a range of $19.93 – $20.66. In the last year the stock has moved within a range of $13.82 – $32.75. The current session’s volume of 396,403 shares is lower from their average daily trading volume of 2.79 million shares.
What was the Moving Force behind YOKU On Bullish Run? Read This Research Report
Another rival company Bitauto Hldg Ltd (ADR) (NYSE:BITA) trading up +2.44% to $8.81. Intraday trading recorded the stock price in a range of $8.74 to $8.96. In the previous 52 weeks the stock’s price ranged between $3.50 and $9.02. The current session’s volume of 26,944 shares was lower from their average daily trading volume of 76,893 shares.
Why Should Investors Buy BITA After The Recent Gain? Just Go Here and Find Out
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