theglobe.com (OTCMKTS:TGLO) Trading Down 6.2% – Here’s What Happened

theglobe.com Inc. (OTCMKTS:TGLO – Get Free Report) fell 6.2% during mid-day trading on Monday . The company traded as low as $0.3001 and last traded at $0.3001. 2,250 shares were traded during trading, a decline of 97% from the average session volume of 65,921 shares. The stock had previously closed at $0.32.

theglobe.com Price Performance

The company has a 50-day moving average of $0.35 and a 200-day moving average of $0.34.

About theglobe.com

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TheGlobe.com, Inc, traded on the OTC Markets under the symbol TGLO, is best known as an early pioneer in web-based social networking and community engagement. Founded in 1995 by Todd Krizelman and Stephan Paternot, the company launched one of the internet’s first platforms allowing users to create personalized profiles, join themed chat rooms, and share user-generated content in real time. At its peak in the late 1990s, TheGlobe.com attracted millions of registered members worldwide to its interactive forums and multimedia offerings.

In November 1998, TheGlobe.com garnered widespread attention with an initial public offering that produced one of the largest first-day gains in U.S.

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