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Pompano Beach, FL -- (SBWIRE) -- 02/07/2013 -- Social networking has gained popularity in past few years so much that now its addicted users are being treated by signing legally binding contracts. Strange but true! A 14 year old girl asked her dad to bring a legally binding agreement to stay off of world most popular social networking platform, Facebook Inc. (NASDAQ:FB)
Is FB a Solid Investment at These Levels? Read This Report For Details
But as everything has a price, this deal also came along with reward for the pledger. If Rachel Baier does not use Facebook till April, $50 comes right in her bank account. And if she stays away till June another $150 comes on.
On Facebook Inc. (FB) end, the company is creating a latest smartphone app to follow the location of users in an attempt to aim them with localized adverts, as per stated by reports.
At the current trading session, Facebook Inc (NASDAQ:FB) shares are down -2.34% to $28.37 while the stocks are trading within the range of $28.27 – $29.15. In the past year, the stock has traded within a range of $17.55 – $45.00. Average daily trading volume is 72.07 million shares.
Is it the Right to Grab FB after the Recent Slump? Get Free Trend Analysis Here
If we look at a few other stocks within industry, OpenTable Inc, HomeAway, Inc. and Sohu.com Inc. are in the losers list. Let’s have a quick look on their Market performance.
OpenTable Inc (NASDAQ:OPEN) shares are down -1.77% to $49.61 while the stock is trading within the range of $49.43 – $50.64 in the current trading session. In the last 12 months the shares have traded between $33.53 and $55.95. The average daily trading volume is 451,514 shares.
Will OPEN Get Buyers Even After The Recent Rally? Find Out Here
HomeAway, Inc. (NASDAQ:AWAY) shares in the current session moved down -1.12% reaching $23.79. The stocks are trading in a range of $23.76 – $24.16. In the last year the stock has moved within a range of $19.19 – $27.50. The Company’s average daily trading volume is 410,114 shares.
Has AWAY Found The Bottom and Ready To Move Up? Find Out Here
Another rival company, Sohu.com Inc. (NASDAQ:SOHU), is trading down -1.39% to $46.04. Intraday trading recorded the stock price in a range of $46.65 to $46.95. In the previous 52 weeks the stock’s price ranged between $33.75 and $59.49. Their average daily trading volume is 572,675 shares.
Why Should Investors Buy SOHU After the Recent Fall? Just Go Here and Find Out
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