theglobe.com (OTCMKTS:TGLO) Shares Up 10.9% – Should You Buy?

theglobe.com Inc. (OTCMKTS:TGLOGet Free Report)’s stock price shot up 10.9% during trading on Friday . The stock traded as high as $0.5390 and last traded at $0.4990. 70,942 shares changed hands during trading, an increase of 40% from the average session volume of 50,681 shares. The stock had previously closed at $0.45.

theglobe.com Trading Up 10.9%

The company’s 50 day moving average price is $0.35 and its 200 day moving average price is $0.36.

About theglobe.com

(Get Free Report)

TheGlobe.com, Inc, traded on the OTC Markets under the symbol TGLO, is best known as an early pioneer in web-based social networking and community engagement. Founded in 1995 by Todd Krizelman and Stephan Paternot, the company launched one of the internet’s first platforms allowing users to create personalized profiles, join themed chat rooms, and share user-generated content in real time. At its peak in the late 1990s, TheGlobe.com attracted millions of registered members worldwide to its interactive forums and multimedia offerings.

In November 1998, TheGlobe.com garnered widespread attention with an initial public offering that produced one of the largest first-day gains in U.S.

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