Facebook Inc-A (NASDAQ:FB) traded in a range yesterday that spanned from a low of $142.51 to a high of $144.33. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $143.87 on volume of 3.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

NEW YORK, NY / ACCESSWIRE / December 6, 2018 / U.S. markets fell in Tuesday amidst trade related uncertainty between the U.S. and China. The Dow Jones Industrial Average fell 3.10 percent to close at 25,027.07, while the S&P 500 Index decreased 3.24 percent to close at 2,700.06. The Nasdaq Composite Index dropped 3.8 percent to close at 7,158.43.

The movie and entertainment market is a major global industry, but last year, sales began to slip within major regions like the U.S. and Europe. Despite declining sales in box offices, movie production companies began to look to leverage new marketing strategies to bolster sales. Regional expansion and distribution partnerships have allowed companies to tap into new markets as well as reach a wider audience. Primarily, social media is being used within the industry to reach audiences prior to the film's release, generating exposure and attention. According to data compiled Grand View Research, the global movies and entertainment market was valued at USD 80.98 Billion in 2016 and is estimated to reach USD 114.93 Billion by 2025. Introduction to newer marketing and distribution platforms such as IPTV, digital newspapers, DTH, digital cable and online sales are projected to boost the industry. The Wonderfilm Media Corporation (OTC: WDRFF), Facebook, Inc. (NASDAQ: FB), The Walt Disney Company (NYSE: DIS), Dolby Laboratories, Inc. (NYSE: DLB), AMC Networks Inc. (NASDAQ: AMCX)