Facebook (FB) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (89.86 million) in Facebook (FB). On Monday, The value of composite uptick trades was $450.03 million, whereas, the value of composite downtick trades was $539.88 million and the ratio between the two was 0.83, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $100.31 million. $30.3 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.3. The negative money flow of ($70.02 million) shows selling on strength. Facebook (FB) gained $2.51 intraday at $119.37 and registrered 2.15% for the week.
Facebook, Inc. is up 8.08% in the last 3-month period. Year-to-Date the stock performance stands at 14.06%. Shares of Facebook, Inc. rose by 1.27% in the last five trading days and 4.35% for the last 4 weeks. In a related news,The officer (Chief Product Officer) of Facebook Inc, Cox Christopher K sold 15,600 shares at $117.71 on July 11, 2016. The Insider selling transaction had a total value worth of $1,836,276. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Facebook (NASDAQ:FB): stock turned positive on Monday. Though the stock opened at $117.32, the bulls momentum made the stock top out at $119.61 level for the day. The stock recorded a low of $116.89 and closed the trading day at $119.37, in the green by 2.15%. The total traded volume for the day was 20,868,367. The stock had closed at $116.86 in the previous days trading.
Facebook, Inc. is a social networking company. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people, marketers and developers. It offers various platforms for people to share their opinions, ideas, photos and videos, and to engage in other activities. Its products include Facebook, Instagram, Messenger and WhatsApp. The Facebook mobile app and Website enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Its Messenger is a mobile-to-mobile messaging application available on iOS and Android phones. Instagram is a mobile application and Website that enables people to take photos or videos, and share them with friends and followers. WhatsApp Messenger is a cross-platform mobile messaging application and allows people to exchange messages on iOS, Android, BlackBerry, Windows Phone and Nokia devices.