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theglobe.com (OTCMKTS:TGLO) Shares Down 6.7% - Here's Why

theglobe.com logo with Computer and Technology background

Key Points

  • theglobe.com Inc. (OTCMKTS:TGLO) shares experienced a 6.7% decline, trading as low as $0.26 and closing at $0.28 after the drop.
  • Trading volume fell significantly, with 19,519 shares exchanged, a 61% decrease from the average daily volume of 50,445 shares.
  • The company, based in Houston, Texas, has minimal operations and previously focused on an online community, now operating as a subsidiary of Delfin Midstream LLC.
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theglobe.com Inc. (OTCMKTS:TGLO - Get Free Report)'s stock price traded down 6.7% during trading on Friday . The company traded as low as $0.26 and last traded at $0.28. 19,519 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 50,445 shares. The stock had previously closed at $0.30.

theglobe.com Stock Down 7.1%

The stock's 50 day moving average price is $0.22 and its 200-day moving average price is $0.30.

theglobe.com Company Profile

(Get Free Report)

theglobe.com, inc. does not have significant operations. Previously, it was involved in the operation of an online community with registered members and users in the United States and internationally. The company was incorporated in 1995 and is based in Houston, Texas. theglobe.com, inc. is a subsidiary of Delfin Midstream LLC.

Further Reading

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