Price Action Report: Line Corp (ADR) Declines A lot Today, Is Now One of The Worst Performer

Price Action Report: Line Corp (ADR) Declines A lot Today, Is Now One of The Worst Performer

The stock of Line Corp (ADR) (NYSE:LN) is a huge mover today! About 748,169 shares traded hands. Line Corp (ADR) (NYSE:LN) has risen 6.00% since September 14, 2016 and is uptrending. It has outperformed by 0.54% the S&P500.
The move comes after 7 months negative chart setup for the $9.82B company. It was reported on Oct, 14 by Barchart.com. We have $41.40 PT which if reached, will make NYSE:LN worth $785.60 million less.

According to Zacks Investment Research, “LINE Corporation develops and operates the LINE application for smartphones. It offers messenger services which include free messages, voice calls and video calls. The company also provides communication and content sales and advertising services through LINE advertising, livedoor blog, and NAVER Matome Web portals. LINE Corporation is based in Tokyo, Japan.”

More notable recent Line Corp (ADR) (NYSE:LN) news were published by: Fool.com which released: “Why Line Corp. (ADR) Stock Skyrocketed Today” on July 14, 2016, also Investorplace.com with their article: “Line Corp (ADR): 5 Reasons to Avoid LN Stock” published on July 25, 2016, Quotes.Wsj.com published: “DOW JONES, A NEWS CORP COMPANY” on July 14, 2016. More interesting news about Line Corp (ADR) (NYSE:LN) were released by: Marketwatch.com and their article: “5 things to know about Line as it goes public” published on July 12, 2016 as well as Marketwatch.com‘s news article titled: “Line Corp. shares soaring in biggest tech IPO of the year” with publication date: July 14, 2016.

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