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.
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
