On Thursday, Amazon.com, Inc. (NASDAQ:AMZN) has kicked off taking orders of the larger screen version of its Kindle Fire HD tablet computer, five days in front of schedule.
However, buyers could pre-order the device, Amazon is short of his inventory, and orders placed on Thursday will not ship until Dec. 3, according to the company’s website.
Amazon.com Inc. declared that its customers could now order the 8.9-inch Kindle Fire HD as of its website for $299. The tablet will be obtainable at Best Buy Co’s (NYSE:BBY) stores beginning on Friday and at more retailers in the coming weeks.
Seattle-based Amazon had initially planned to ship the tablet on Nov. 20. The slighter version, which has a 7-inch screen, is previously available.
Shares of Amazon.com, Inc. (NASDAQ:AMZN) traded at $220.60 by plunging -1.05% with price volatility of 2.27% for a week and 2.67% for a month plus price volatility’s Average True Range for 14 days was 6.13 and its beta stands at 0.93 times.
Stocks after opening at $222.30 hit high price of $225.16 and on last session stock held volume of 3.40 million shares which was unexpectedly lower than its average volume of 3.61 million shares.
Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 1.04 as current ratio. The Company had total cash at hand $5.25 billion and a book value per share as $16.67 in the most recent quarter.
While investors who viewing AMZN against other stocks with the reference of profit margin that are Liberty Interactive Corp (NASDAQ:LINTA) small declined -0.81%, E Commerce China Dangdang Inc (ADR) (NYSE:DANG) gain 13.86%, Stamps.com Inc. (NASDAQ:STMP) slid -0.25% and PC Connection, Inc. (NASDAQ:PCCC) edged up +3.19%.
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