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home / news releases / KL - Hot Stocks: FB pauses Instagram Kids; BX sells Cosmopolitan; RYCEF sells unit; KL looking for buyers

KL - Hot Stocks: FB pauses Instagram Kids; BX sells Cosmopolitan; RYCEF sells unit; KL looking for buyers

Kirkland Lake Gold Ltd.
Facebook (NASDAQ:FB) generated a lot of chatter in Monday's midday action. The social media giant said it was holding off on its controversial plans for an Instagram Kids offering. M&A headlines provided intraday trading fodder as well. Blackstone (NYSE:BX) dipped slightly after announcing a deal to sell the Cosmopolitan Las Vegas casino. Elsewhere, Kirkland Lake Gold (NYSE:KL) rose on reports that it was looking for a buyer. Meanwhile, Rolls-Royce (OTCPK:RYCEF)(OTCPK:RYCEY) found traction on word of a deal to sell its ITP Aero division. In addition, R.R. Donnelley & Sons (NYSE:RRD) rallied after a major shareholder called for the company to launch a strategic review. Decliners Facebook (FB) revealed that it has paused the planned roll-out of its Instagram Kids product, responding to criticism about pushing a younger audience to the social media platform. The company said it still supports a version of the product for users under 13, but wants

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Hot Stocks: FB pauses Instagram Kids; BX sells Cosmopolitan; RYCEF sells unit; KL looking for buyers
Stock Information
Company Name: Kirkland Lake Gold Ltd.
Stock Symbol: KL
Market: NYSE
Website: klgold.com
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