LinkedIn, Facebook Stocks Rally Ahead Of Earnings

By | July 20, 2015

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Social media stocks LinkedIn (LNKD) and Facebook (FB) are making notable moves in the stock market today. Both report quarterly earnings next week. LinkedIn’s earnings are expected to fall 41%, while Facebook is projected to see a 12% earnings rise. LinkedIn climbed 2.6% in quick turnover on Monday, retaking its 200-day line. The stock edged above that level in Friday’s session but closed below the line. LinkedIn’s 50-day moving average is still Scalper1 News

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