theglobe.com (OTCMKTS:TGLO) Trading 2.6% Higher – Should You Buy?
by Teresa Graham · The Cerbat Gemtheglobe.com Inc. (OTCMKTS:TGLO – Get Free Report)’s stock price traded up 2.6% during mid-day trading on Monday . The stock traded as high as $0.40 and last traded at $0.40. 2,000 shares changed hands during trading, a decline of 95% from the average session volume of 37,631 shares. The stock had previously closed at $0.39.
theglobe.com Stock Performance
The firm has a 50 day moving average price of $0.30 and a 200-day moving average price of $0.35.
theglobe.com Company Profile
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.