Hot Stocks in the Spotlight: Facebook, (NASDAQ:FB), Avon Products, (NYSE:AVP), Pacific Biosciences of California, (NASDAQ:PACB)

September 30, 2020 Travis Garlick NYSE Stocks, Uncategorized Comments Off

On Wednesday, Shares of Facebook, Inc. (NASDAQ:FB), gained 2.51% to $107.77.

The stock saw its price movement on below-normal volume, as 23,836,526 shares changed hands when contrast with its average daily volume of 28.20 million shares, with a year-to-date performance of 38.13%.

Facebook Inc said it erroneously disabled the personal account of a user named Isis Anchalee for about a day, an action the user claims was due to her name being spelt the same as the acronym used for the Islamic State extremist group, according to Reuters.

Anchalee, a software developer in San Francisco, on Monday posted a screenshot of a Facebook log-in page that showed a message Account disabled. She wrote to Facebooks Twitter page (@facebook), why would you disable my personal account? MY REAL NAME IS ISIS ANCHALEE.

Anchalee said she sent Facebook her personal information three times to resolve the issue.

Facebook thinks Im a terrorist. Apparently sending them a screenshot of my passport is not good enough for them to reopen my account, Anchalee wrote on Twitter.

A researcher at Facebook responded on Twitter on Tuesday that her account was activated again. Reuters Reports

Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.

Shares of Avon Products Inc. (NYSE:AVP), inclined 2.72% to $2.64, during its last trading session.

The stock closed at a distance of -20.80% from 20-day simple moving average. In the last trading session, the stock’s price moved -56.11% below its 200-day moving average. The stock is presently trading -25.25% below its SMA 50.

Avon Products, Inc. manufactures and markets beauty and related products worldwide. It offers beauty products, such as skincare, and personal care products, in addition to fragrances and color cosmetics; and fashion and home products comprising of jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products, and nutritional products.

Finally, Shares of Pacific Biosciences of California, Inc. (NASDAQ:PACB), ended its last trade with 8.62% gain, and closed at $8.69. The stock attained the volume of 2,911,877 shares.

The year-to-date (YTD) performance reflected a 10.84% above last year. During the past month the stock gains 13%, bringing three-month performance to 85.29% and six-month performance to 46.05%. The stock holds the market capitalization of 616.33M.

Pacific Biosciences of California, Inc. designs, develops, manufactures, and markets an integrated platform for genetic analysis. The company provides single molecule real-time (SMRT) technology platform, which enables single molecule real-time detection of biological processes. It offers PacBio RS II high resolution genetic analyzer, an instrument that conducts, monitors, and analyzes single molecule biochemical reactions in real time.

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