Facebook, Inc. (NASDAQ:FB) [Trend Analysis] luring active investment momentum, shares an advance 0.65% to $119.68.Facebook (FB) kicked off a new feature that permits you add and design a frame for your photos and videos. The social giant has launched a new Camera Effects Platform that allows users to create new frames from scratch, and then use them while uploading profile photos and videos on Facebook via the mobile apps.
This is Facebook’s latest move that apes Snapchat features. Recently, Facebook introduced a Snapchat-like Android app in Brazil called Flash. The company has also been declaredly testing several feature inspired by Snapchat like Discover and Camera effects and Masks. Facebook also introduced the ability to add emoji, draw, write text, and add filters while taking a photo from the in-app camera.
Now, the Camera Effects Platform looks to add creative frames to photos based on location and events, similar to what is seen on Snapchat (called custom Geofilters). Facebook’s new platform allows users to create frames for specific locations, events, or just generic frames for everyone to use. While creating the frames, you will have to follow these guidelines, and then submit it to Facebook for review.
The social giant claims that the review typically takes up to a week. Once the frame is authorized, all users can then use this frame while uploading a profile photo or video on Facebook. The total volume of 17.45 Million shares held in the session was surprisingly higher than its average volume of 21666.54 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 17.10%, and looking further price to next year’s EPS is 27.21%. While take a short look on price to sales ratio, that was 13.89 and price to earning ratio of 46.19 attracting passive investors.
Shares of Dynegy Inc. (NYSE:DYN) [Trend Analysis] runs in leading trade, it surging 9.38% to traded at $8.98. The firm has price volatility of 6.79% for a week and 6.25% for a month. Its beta stands at 1.03 times. Dynegy Inc. (DYN) along with Illinois Power Generating Company (Genco), reported that they received the requisite accepting votes in favor of a prepackaged plan of reorganization (the Plan) for Genco. Genco subsequently filed a case under Chapter 11 of the United States Code (the Chapter 11 Case) in the United States Bankruptcy Court for the Southern District of Texas, Houston Division, to pursue confirmation of the Plan.
The filing followed the successful solicitation of acceptances for the Plan pursuant to an Offering Memorandum and Disclosure Statement, dated November 7, 2016 with respect to (1) an out-of-court exchange offer (the Exchange Offer) relating to Genco’s outstanding 7.00% Senior Notes, Series H, due 2018, 6.30% Senior Notes, Series I, due 2020 and 7.95% Senior Notes, Series F, due 2032 (collectively, the Genco Notes) and (2) the concurrent solicitation of votes in favor of the Plan. Narrow down four to firm performance, its weekly performance was 16.02% and monthly performance was -0.99%. The stock price of DYN is moving up from its 20 days moving average with 2.78% and isolated negatively from 50 days moving average with -13.38%.