Social media has taken the world by storm, building virtual communities for anyone who has internet access and allowing people to connect and share across the globe. Many of these sites have changed the world in terms of how we meet people, read the news, get jobs and even date. These companies are on the cutting edge of social trends and are a good beacon to look toward for change.
Facebook and Twitter are the main names in this group with one hitting all-time highs while the other is hitting all-time lows. Despite being the preferred communication channel for the new U.S. Commander in Chief, Twitter has still not been able to monetize its platform, which has investors growing ever more concerned. On the other hand, Facebook has been steadily expanding and is taking a sizable piece of the online advertising pie.
The February 15 short interest data have been compared with the previous report. Short interest moves in these selected social media stocks were mixed for this settlement date.
Facebook Inc. (NASDAQ: FB) had a short interest decline to 18.15 million shares from the previous 19.14 million. Shares were last seen at $136.40, within a 52-week trading range of $104.40 to $137.18.
The number of Twitter Inc. (NYSE: TWTR) shares short increased to 61.70 million from the previous level of 46.75 million. Shares recently traded at $15.92, in a 52-week range of $13.73 to $25.25.
In the period, Match Group Inc. (NASDAQ: MTCH) saw its short interest decrease to 11.77 million shares from the 12.38 million in the previous period. Shares were trading at $16.29, in a 52-week range of $10.06 to $19.74.
Short interest in Yelp Inc. (NYSE: YELP) increased to 7.60 million shares. The previous reading was 6.08 million. Shares recently were trading at $34.10, in a 52-week range of $18.65 to $43.41.
Travel Cards Are Getting Too Good To Ignore
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.