FXCM Inc. Posts Best Day Since Reverse Split

FXCM Inc. (NYSE:

) shares are trading higher by $1.69 at $6.99 in Monday's session. It is having its best day since its 1 for 10 reverse split, which became effective on October 1. One day removed from its reverse split low ($5.26), the issue bottomed off its print at $5.41 and began to mover higher So far,it has climbed into the $7 handle and has found some intraday resistance ahead of its November 23 high ($7.13), only reaching $7.08 before falling consolidating at the $7 area.