Vigorous Gainers/Losers Roundup: Amazon.com (NASDAQ:AMZN), Seagate Technology (NASDAQ:STX)

Amazon.com, Inc. (NASDAQ:AMZN) [Trend Analysis] luring active investment momentum, shares a decrease -0.83% to $823.48. Amazon (AMZN) India has launched a Fresh Flowers Store on its e-commerce website, expanding its product categories even further. The company has partnered with major floral giants like Ferns n Petals, Indian Gifts Portal, FloraIndia, Flaberry, and many more across the country to launch this online store for flower bookings and deliveries.This service has been launched in five cities Bengaluru, Delhi, Hyderabad, Mumbai, and Pune – for now, but looks to expand it in more cities in the future.

The Fresh Flowers Store has flowers segregated for occasions, and even types of flowers. You can choose from a selection of bouquets, cut flowers, and even baskets; place an order, and get it delivered to anyone living in these five cities. Amazon India claims that the Fresh Flower Store offers over 1,500 unique options to choose from, including 10 types of unique flora. The store can be found in the Home and Kitchen category on Amazon India. The total volume of 3.12 Million shares held in the session was surprisingly higher than its average volume of 4118.41 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 339.50%, and looking further price to next year’s EPS is 81.97%. While take a short look on price to sales ratio, that was 3.06 and price to earnings ratio of 188.66 attracting passive investors.

Shares of Seagate Technology plc (NASDAQ:STX) [Trend Analysis] runs in leading trade, it moving up 0.56% to traded at $45.15. The firm has price volatility of 4.72% for a week and 3.32% for a month. Its beta stands at 1.94 times. Seagate Technology plc (STX) reported that it priced its previously reported offering of $750 million aggregate principal amount of senior notes due 2022 and $500 million aggregate principal amount of senior notes due 2024.

The 2022 Notes were priced at 99.770% of the aggregate principal amount and will bear interest at a rate of 4.25% per annum. The 2024 Notes were priced at 99.328% of the aggregate principal amount and will bear interest at a rate of 4.875% per annum. The Notes will be issued by Seagate HDD Cayman, an indirect wholly owned subsidiary of Seagate Technology plc, and guaranteed by Seagate.

The Notes are being sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and in offshore transactions under Regulation S under the Securities Act. The sale of the Notes is expected to close on February 3, 2017, subject to customary closing conditions. Narrow down four to firm performance, its weekly performance was 20.59% and monthly performance was 18.75%. The stock price of STX is moving up from its 20 days moving average with 16.14% and isolated positively from 50 days moving average with 16.32%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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