Home / Street Sector / Active Movers in Hot Line: Dynavax Technologies (NASDAQ:DVAX), Amazon.com (NASDAQ:AMZN)

Active Movers in Hot Line: Dynavax Technologies (NASDAQ:DVAX), Amazon.com (NASDAQ:AMZN)

Dynavax Technologies Corporation (NASDAQ:DVAX) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -9.47% to $4.30. Khang & Khang LLP released that a class action court case against Dynavax Technologies Corporation (DVAX). Investors who purchased or otherwise takeoverd shares among March 10, 2014 and November 11, 2016 inclusive, are encouraged to contact the Firm by the January 17, 2017 lead plaintiff motion deadline.

The complaint alleges that Dynavax made false and/or misleading statements and/or failed to disclose: that the phase 3 HBV-23 trial for the Firm’s lead vaccine product HEPLISAV-B was not deinked in accordance with the U.S. Food and Drug Administration’s concerns and issues; that the Firm failed to provide sufficient information to the FDA in its Revised Biologics License Application for the drug; that Dynavax’s resources will not be sufficient for the Firm to advance the HEPLISAV-B program on its own; and that as a result of the above, the Firm’s financial statements and statements about its business, operations, and prospects were false and misleading and/or lacked a reasonable basis. The share price of DVAX attracts active investors, as stock price of week volatility recorded 8.39%. The stock is going forward to its 52-week low with 34.38% and lagging behind from its 52-week high price with -85.60%.

Amazon.com, Inc. (NASDAQ:AMZN) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.57% to close at $750.57 with the total traded volume of 4.61 Million shares. Amazon.com is developing a premium Echo-like speaker with a screen, a sign the world’s largest online retailer is trying to capitalize on the surprise success of its voice-controlled home gadgets and fend off competition from Google and Apple.

The new device will have a touchscreen measuring about seven inches, a major departure from Amazon’s existing cylindrical home devices that are controlled and respond mostly through the firm’s voice-based Alexa digital assistant, according to two people familiar with the matter.

This will make it easier to access content such as weather forecasts, calendar appointments, and news, the people stated. They asked not to be identified speaking about a product that has yet to be reported. The recent Amazon speaker will be larger and tilt upwards so the screen can be seen when it sits on a counter and the user is standing, one of the people stated. The firm has institutional ownership of 65.50%, while insider ownership included 17.10%. Its price to sales ratio ended at 2.79. AMZN attains analyst recommendation of 1.80 with week performance of -4.43%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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