The main thing analyst Michael Pachter and his team notes is that Zynga Inc (NASDAQ:ZNGA)’s new CEO Don Mattrick is focusing on customers in order to gain market share. This strategy is similar to the one employed by Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeff Bezos. They didn’t give a whole lot of details regarding other parallels between Zynga and Amazon, but the concept is an interesting one, to say the least. Amazon.com, Inc. (NASDAQ:AMZN) stock opened today at $378.77 and is currently trading at $375.92. The stock showed a positive weekly performance of 2.70%.
J.C. Penney Company, Inc. (NYSE:JCP) up more than 37% over the past month to trade at $8.39 — has seen an uptick in bullish betting (relative to bearish) in its options pits of late, as the stock’s 10-day ISE/CBOE/PHLX call/put volume ratio of 1.82 ranks higher than 86% of similar readings from the past year. However, some of this call activity may have come at the hands of short sellers hedging their bearish bets against continued upside — more than half of the equity’s float is currently sold short. Regardless of motive, option traders can pick up short-term contracts on J.C. Penney Company, Inc. at a fair price right now, given that the equity’s SVI of 64% ranks in the 40th annual percentile. J.C. Penney Company, Inc. (NYSE:JCP) stock opened at $8.42, in current trading session and currently is at $8.19, by loosing -2.26%.The 52 week range of $4.90-$19.63. Company’s market capitalization is $2.49 billion.
The Walt Disney Company (NYSE:DIS) SVP Brent Woodford unloaded 2,001 shares of the stock on the open market in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $80.16, for a total value of $160,400.16. Following the sale, the senior vice president now directly owns 29,015 shares in the company, valued at approximately $2,325,842. The sale was disclosed in a filing with the SEC. The Walt Disney Company (NYSE:DIS) stock is currently trading at $81.48 .The EPS of the stock is 3.65. Company’s market capitalization is $142.79 billion.
Pacific Sunwear of California (NASDAQ:PSUN) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share guidance of ($0.17)-($0.12) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.12), American Banking & Market News reports. The company issued revenue guidance of $169-174 million, compared to the consensus revenue estimate of $168.56 million. Pacific Sunwear of California, Inc. (NASDAQ:PSUN) stock opened the session at $3.17, and now is at $3.23. The 52 week range of the PSUN stock remained $1.93-$4.59 and the day range was $3.11-$3.30.
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