Pre-Market Technical Recap on Internet Stocks -- JD.com, TripAdvisor, trivago, and Weibo
NEW YORK, June 27, 2017 /PRNewswire/ --
If you want a Stock Review on JD, TRIP, TRVG or WB then come over to http://dailystocktracker.com/register and sign up for your free customized report today. Internet Information Providers companies operate media outlets through the Internet. They generally focus on a specific sector, and tailor their content likewise. For today, DailyStockTracker.com presents for assessment: JD.com Inc. (NASDAQ: JD), TripAdvisor Inc. (NASDAQ: TRIP), trivago N.V. (NASDAQ: TRVG), and Weibo Corp. (NASDAQ: WB). Daily Stock Tracker provides great insights on these stocks in its free research reports at: http://dailystocktracker.com/register
JD.com
Beijing, the People's Republic of China headquartered JD.com Inc.'s ("JD") shares rose 0.30%, finishing Monday's trading session at $43.08. A total volume of 17.09 million shares was traded, which was higher than their three months average volume of 10.09 million shares. In the last month and the previous three months, the stock has advanced 5.02% and 37.28%, respectively. Additionally, the Company's shares have gained 69.34% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 12.39% and 41.54%, respectively. Moreover, shares of JD, which through its subsidiaries, operates as an e-commerce company in the People's Republic of China, have a Relative Strength Index (RSI) of 67.34.
On June 22nd, 2017, JD and Farfetch, the leading global e-commerce platform for the fashion industry, announced a strategic partnership that will create the premier platform for luxury ecommerce across China, opening a gateway to an $80-billion market. The strategic partnership between the duo leverages JD's unparalleled logistics, Internet finance and technology capabilities, and social media resources, including its WeChat partnership, with Farfetch's leadership in global luxury, to create a frictionless and seamless brand experience. Free research report on JD is available at: http://dailystocktracker.com/registration/?symbol=JD
TripAdvisor
On Monday, shares in Needham, Massachusetts headquartered TripAdvisor Inc. recorded a trading volume of 2.01 million shares, and ended the session 0.78% lower at $36.67. The stock is trading 11.94% below its 50-day moving average. Shares of the Company, which operates as an online travel company, have an RSI of 36.70.
On June 14th, 2017, Family Vacation Critic, TripAdvisor's family travel site, has named the Best Amusement Parks for Families in 2017 - naming the best parks in the US and sharing the year's newest attractions and highlights for every age group. The list includes Cedar Point in Ohio, Dollywood in Tennessee, Hersheypark in Pennsylvania, Kings Island in Ohio, Silver Dollar City in Missouri, Universal's Islands of Adventure in Florida, Universal Studios in California and Florida, and Six Flags.
On June 19th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Neutral' to 'Underperform'. The complimentary research report on TRIP can be downloaded at: http://dailystocktracker.com/registration/?symbol=TRIP
trivago
Shares in Dusseldorf, Germany headquartered trivago N.V. closed at $20.55, down 1.49% from the last trading session. The stock recorded a trading volume of 1.12 million shares, which was above its three months average volume of 1.02 million shares. The Company's shares have gained 6.20% in the last one month, 67.89% over the previous three months, and 74.89% since the start of this year. The stock is trading 15.08% and 43.25% above its 50-day and 200-day moving averages, respectively. Additionally, shares of trivago, which operates a hotel search platform, have an RSI of 66.22. Visit DailyStockTracker.com today and access our complete research report on TRVG at: http://dailystocktracker.com/registration/?symbol=TRVG
Beijing, China headquartered Weibo Corp.'s stock ended 1.06% lower at $71.61. A total volume of 2.84 million shares was traded, which was above their three months average volume of 2.39 million shares. The Company's shares have advanced 40.72% over the previous three months and 76.38% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.18% and 34.21%, respectively. Furthermore, shares of Weibo, which operates as a social media platform for people to create, distribute, and discover Chinese-language content, have an RSI of 49.32.
On June 22nd, 2017, Weibo announced that it is communicating and intends to fully cooperate with relevant government authorities to understand the scope of a public notice issued by The State Administration of Press, Publication, Radio, Film and Television of the People's Republic of China, which requested local competent authorities to take measures to suspend several companies' video and audio services due to their lacking of an Internet audio/video program transmission license and posting of certain commentary programs with content in violation of government regulations on their sites. Get free access to your research report on WB at: http://dailystocktracker.com/registration/?symbol=WB
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