Amazon.com (AMZN) Continuing Its Push Into Online Streaming Video By Letting Its Prime Consumers

Several matter pinch shares of Amazon.com, Inc. (NASDAQ:AMZN) [Trend Analysis], as shares moving down -0.45% to $740.34 with a share volume of 3.54 Million. Amazon (AMZN) reported that it is continuing its push into online streaming video by letting its Prime consumers purchase monthly subscriptions to HBO and Cinemax right from their Amazon accounts.

HBO will be accessible on Prime for $15 a month, while the Cinemax add-on will cost $10 a month, Amazon stated in a release. Both channels were also recently reported as add-ons to AT&T’s new streaming service, DirecTV Now, highlighting HBO and Cinemax’s attempts to reach beyond their traditional audience of cable subscribers. As many as 20 million US households lack cable TV, AT&T anticipates, either because they canceled their plans or because they never had one to start with. The stock is going forward its 52-week low with 56.19% and moving down from its 52-week high price with -12.61%. To have technical analysis views, liquidity ratio of a firm was calculated 1.10 as evaluated with its debt to equity ratio of 0.46. The float short ratio was 1.50%, as compared to sentiment indicator; Short Ratio was 1.45.

Trillium Therapeutics Inc. (NASDAQ:TRIL) [Trend Analysis] luring active investment momentum, shares a loss -6.94% to $6.70. Trillium Therapeutics Inc. (NASDAQ:TRIL) presented that data from an ongoing study with its lead drug candidate, TTI-621, in patients with relapsed or refractory hematologic malignancies, at the American Society of Hematology (ASH) 58th Yearly Meeting in San Diego.

“We are encouraged by the initial results from the study of TTI-621 in advanced hematologic malignancies, as we have seen reduced tumor volume and/or reduced metabolic activity over extended intervals of continued dosing in several patients,” commented Niclas Stiernholm, Ph.D., president and chief executive officer of Trillium Therapeutics.

“We believe that data from this study provide preliminary evidence that TTI-621 monotherapy is both active and well tolerated, supporting our hypothesis that neutralization of the inhibitory CD47 signal enables macrophage anti-tumor activity. We have determined an optimal dose level, which we are taking forward into the Phase 1b cohort expansion phase of the trial, as we seek to additional define the benefit of TTI-621 in patients with multiple types of blood cancers.” The total volume of 450126 shares held in the session was surprisingly higher than its average volume of 179.73 shares. EPS anticipates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -21.60%, and looking additional price to next year’s EPS is -5.20%.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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