Dror Niv Sells 18,750 Shares of FXCM Inc. (GLBR) Stock
FXCM Inc. (NASDAQ:GLBR) major shareholder Dror Niv sold 18,750 shares of the stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $0.56, for a total value of $10,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
FXCM Inc. (NASDAQ GLBR) opened at $0.33 on Wednesday. FXCM Inc. has a 52-week low of $0.28 and a 52-week high of $9.80.
Separately, ValuEngine raised FXCM from a “strong sell” rating to a “sell” rating in a research report on Friday, December 1st.
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FXCM Company Profile
Global brokerage, Inc, formerly FXCM Inc (FXCM), is engaged in providing online foreign exchange (FX) trading, contract for difference (CFD) trading, spread betting and related services. The Company owns over 50% of FXCM Group, LLC (FXCM Group). FXCM Group is a holding company of Forex Capital Markets LLC, (FXCM US), Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia Pty.
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