The Traderszone Network

Published in TZ Latest News 18 June, 2017 by The TZ Newswire Staff

Better Buy: Facebook, Inc. vs. Line Corp

Facebook (NASDAQ: FB) and Line (NYSE: LN) are both social networking companies, but their fortunes have diverged over the past year. Line went public last June at $32.84, finished its first trading day at $42, and rose to almost $50 last September. But since then, Line fell back to around $36 — representing less than 10% growth from its IPO. Facebook, on the other hand, rallied nearly 30% over the past 12 months.

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