Yahoo announced the acquisition of Jybe, a start-up dealing in social recommendation segment. The financial terms of the deal were not disclosed.
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KB Home (NYSE: KBH) created its new 52 weeks high and traded in the range of $20.70 and $22.38 during its latest trading session. The stock had opened at $21.57 and is currently at $22.10, up 2.46 percent from its previous close. KB Home recorded the volume of 6.259 million shares, significantly higher than its average daily trading volume of 4.616 million shares, thus showing bullish trend.
The stock has overall bullish trend as per its MACD chart and the stock is likely to maintain the streak. It is also trading above its 20 days SMA of $22.00.
Find out where KBH could be headed by getting the free and full trend analysis report here:
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