As the iPad is apparently getting smaller, the Amazon.com, Inc. (NASDAQ:AMZN) Kindle Fire is supposedly getting bigger.
Subsequent on the heels of rumors that Apple Inc. (NASDAQ:AAPL) is working on a lesser-size iPad tablet comes market rumors, passed along by DigiTimes, that Amazon.com is intending a 10.1-inch Kindle Fire tablet sometime in the 3Q. The similar story says that the firm has apparently suspended strategy for an 8.9-inch model.
The story, attributed merely to sources, says Amazon anticipates to ship 30-40 million tablets in 2012.
Turning towards the investors who viewing AMZN against eBay Inc (NASDAQ:EBAY) declined -1.72%, Liberty Interactive Corp (NASDAQ:LINTA) lost -0.29%, Stamps.com Inc. (NASDAQ:STMP) rose +0.20%, BIDZ.com, Inc. (NASDAQ:BIDZ) edged up +54.08%, E Commerce China Dangdang Inc (ADR) (NYSE:DANG) which also decreased -13.22% and ValueVision Media, Inc. (NASDAQ:VVTV) slipped -6.17%.
Amazon.com, Inc. (NASDAQ:AMZN) stock’s trade at beginning with a price of $219.41 and throughout the trading session climbed at a high of $219.63 other than when day-trade ended the stock finally declined -2.07% to $213.85.
Shares price of AMZN moved down from its 20 days moving average with -1.62% and remote positively from 50 days moving average with 5.86%. AMZN current year earnings per share experienced an addition with -45.82% while its current quarter performance remained 17.18%.
AMZN had a trade volume of 5.23 million shares was lesser as compared to average trading capacity of 5.09 million shares.
AMZN last month stock price volatility remained 2.61%. In its share capital AMZN has 450.53 million outstanding shares among them 362.06 million shares have been floated in market exchange. AMZN stock institutional ownership remained 67.47% while insider ownership included 19.64%.
The stock is ahead its 52 week low with 28.08% and lagging behind from its 52 week high price with –13.32%. Company’s beta coefficient included 0.88. Beta factors measures the amount of market risk associated with market trade.
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