This Morning's Technical Outlook on Internet Stocks - Inter/ActiveCorp, Match, Phoenix New Media, and Redfin
NEW YORK, March 27, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on IAC, MTCH, FENG, and RDFN which can be accessed for free by signing up to www.wallstequities.com/registration. On Monday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 3.26%; the Dow Jones Industrial Average edged 2.84% higher; and the S&P 500 was up 2.72%. US markets made broad based gains with all sectors finishing the day in green. Pre-market today, WallStEquities.com reviews these four Internet Information Providers stocks: IAC/InterActiveCorp (NASDAQ: IAC), Match Group Inc. (NASDAQ: MTCH), Phoenix New Media Ltd (NYSE: FENG), and Redfin Corp. (NASDAQ: RDFN). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
IAC/InterActiveCorp
New York headquartered IAC/InterActiveCorp's stock finished Monday's session 3.19% higher at $163.48. A total volume of 785,681 shares was traded. The Company's shares have advanced 28.72% over the previous three months and 124.75% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 9.92% and 31.53%, respectively. Furthermore, shares of IAC/InterActiveCorp, which together with its subsidiaries, operates as a media and Internet company in the US and internationally, have a Relative Strength Index (RSI) of 60.30.
On February 27th, 2018, research firm Aegis Capital reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $165 a share to $200 a share. Get the full research report on IAC for free by clicking below at: www.wallstequities.com/registration/?symbol=IAC
Match Group
Shares in Dallas, Texas headquartered Match Group Inc. ended at $46.46, up 4.31% from the last trading session. The stock recorded a trading volume of 1.72 million shares. The Company's shares have gained 10.88% in the last month, 45.60% over the previous three months, and 192.57% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 18.77% and 68.40%, respectively. Moreover, shares of Match Group, which provides dating products, have an RSI of 64.25.
On March 21st, 2018, research firm Guggenheim downgraded the Company's stock rating from 'Buy' to 'Neutral'. MTCH's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=MTCH
Phoenix New Media
Beijing, China-based Phoenix New Media Ltd's stock ended yesterday's session 2.93% higher at $4.22 with a total trading volume of 235,700 shares. The Company's shares have advanced 17.88% in the last twelve months. The stock is trading below its 50-day moving average by 26.82%. Additionally, shares of the Company, which provides content on an integrated platform across Internet, mobile, and TV channels in China, have an RSI of 29.07. Are you already registered with Wall St. Equities? Do so now for free, and get the report on FENG at: www.wallstequities.com/registration/?symbol=FENG
Redfin
On Monday, shares in Seattle, Washington headquartered Redfin Corp. recorded a trading volume of 1.15 million shares. The stock finished the day 2.62% higher at $22.68. The Company's shares have advanced 8.21% in the last month. The stock is trading above its 50-day moving average by 1.37%. Furthermore, shares of Redfin, which operates as a real estate brokerage company in the US, have an RSI of 56.09. Aspiring Member, please take a moment to register below for your free research report on RDFN at: www.wallstequities.com/registration/?symbol=RDFN
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