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Friday, December 27, 2013

REFILE-US STOCKS-Wall St ends mostly flat, but scores weekly gains, (NASDAQ: FB), (NYSE: TWTR)

U.S. stock indexes closed mostly flat on Friday, with the Dow snapping a six-day streak of record closing highs after investors took a break from this week's rally.Shares of Twitter Inc, the social media company that has nearly tripled in value since going public in early November, slid 13 percent to close at $63.75 after investors took profits. Twitter was among the most actively traded stocks on the New York Stock Exchange on Friday.The tech-heavy Nasdaq fell 0.25 percent, with leaders like Apple off 0.7 percent at $560.09 and Facebook Inc. down about 4 percent at $55.44. The Nasdaq has surged 37.7 percent this year, making it the best performer among the three major U.S. stock indexes."Consolidating a little bit here is probably healthy rather than continuing a march higher without taking a breath," said Joseph Benanti, managing director of Rosenblatt Securities in New York. "It's a healthy pause with some profit-taking."

Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers. Shares of FB fell by 3.97% or $-2.29/share to $55.44. In the past year, the shares have traded as low as $22.67 and as high as $58.58. On average, 78043400 shares of FB exchange hands on a given day and today's volume is recorded at 60370532.

Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. Shares of TWTR fell by 13.04% or $-9.56/share to $63.75. In the past year, the shares have traded as low as $38.80 and as high as $74.73. On average, 20637300 shares of TWTR exchange hands on a given day and today's volume is recorded at 60342388.



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