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LNKD Makes Notable Cross Below Critical Moving Average

By Market News Video Staff, Wednesday, November 7, 11:41 AM ET
Play Video: Learn About The 200 DMA

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In trading on Wednesday, shares of LinkedIn Corp (NYSE:LNKD) crossed below their 200 day moving average of $101.86, changing hands as low as $101.61 per share. LinkedIn Corp shares are currently trading down about 2.3% on the day. The chart below shows the one year performance of LNKD shares, versus its 200 day moving average:

LinkedIn Corp 200 Day Moving Average Chart

Looking at the chart above, LNKD's low point in its 52 week range is $55.98 per share, with $125.50 as the 52 week high point that compares with a last trade of $101.40.

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According to the ETF Finder at ETF Channel, LNKD makes up 10.06% of the Social Media Index ETF (NASDAQ:SOCL) which is trading lower by about 1.3% on the day Wednesday.

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