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Facebook Hits All-Time Low
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FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:30
- Date Jun 5, 2012
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FBN’s Nicole Petallides breaks down the day in the markets.
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Sure is to stocks we just -- are I guess session highs -- not bad at all but looking at JPMorgan Bank of America leading the Dow right now.
Looking at all the stocks give us a sense of what's going up.
You know on the one hand it's great I -- that we can say session highs and gives -- peoples and hope here on Wall Street on the other hand we've been such a narrow trading range of financial self.
Are really popping back yeah -- that have been beaten down.
When you look at BankAmerica -- and JPMorgan their down 2530%.
Just this quarter apparently the first -- pop act at the trigger sad.
They're called FaceBook it hit its all time low today he -- -- -- -- looks good at 18.
It's and how about 28.
What of people sees a future for.
-- -- future I have to say most of traders I talk to that are interesting and based -- just waiting for to settle on the and the thing is that every -- I'm I'm -- a lot of that Ashcroft announced profit.
-- not a lot of write a lower allowance so today it's 2575.
Was a lot that's more than 40% off the 45 dollars we -- -- -- In.
This hour yesterday we brought our viewers the news of Starbucks acquiring -- -- in this hour yesterday of course but -- belongs.
Investors not really liking that deal is it not what's the deal but maybe what they didn't hear.
I'm -- that made it might be with a K cups for green mountain on the I doubt it did -- -- -- Wells Fargo his questioning whether -- not got upset awfully.
That's what happened the last dollar yesterday there's no telling what's going to be happening in.