Investor’s Alert: Amazon.com, Inc. (NASDAQ:AMZN), Helix Energy Solutions Group Inc (NYSE:HLX)
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Shares of Amazon.com, Inc. (NASDAQ:AMZN) declined -0.29% to $1,025.67 on Friday. Amazon.com Inc. has made a bid to acquire Indian digital payments startup FreeCharge from e-commerce operator Snapdeal, a person with direct knowledge of the matter said.
The offer is worth between $50 million to $80 million, the person said, asking not to be identified as the negotiations are private. Snapdeal’s parent Jasper Infotech Pvt is in talks with multiple other parties, counting Axis Bank Ltd. and One97 Communications-owned Paytm Payments Bank, the person said.
Amazon is trying to buttress its digital payments operations as it takes on local rivals counting Paytm E-commerce Pvt in addition to Tiger Global Administration-backed Flipkart Online Services Pvt. The U.S. Company has entered its fifth year of operations in India as the country shapes up to become of the world’s leading online retail markets. (Source: Bloomberg)
The stock settled at $1,025.67 per share, after floating in a range of $1,011 to $1,026. The stock moved on low volume, traded at a volume of 2.73 million shares, as compared to its average daily volume of 4.08 million shares. The market capitalization billion for the company is reported at $488.80 Billion.
Helix Energy Solutions Group Inc. (NYSE:HLX) stock price declined -0.29 points or -4.85% at the market. An international offshore energy services company, on Sunday stated a loss of $6.4 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of 4 cents. The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 4 cents per share. The offshore oil and gas services contractor posted revenue of $150.3 million in the period.
The stock opened at $6.03. It reached an intraday trading high of $6.07 and closed at $5.69. The total volume traded for the day is 1.65 million, as compared to its average daily volume of 1.44 million shares. The current EPS for the company has been recorded at $-0.55 and the beta value recorded by the company stands at 2.56 points.