The Amazon.com, Inc. (NASDAQ:AMZN) app store now has 200,000 apps, said Jeff Bezos in a letter to investors. The Amazon app store nearly tripled in size over the last year. The service is now available in nearly 200 countries. Amazon.com, Inc. (NASDAQ:AMZN) shares after opening at $314.00 moved to $316.50 on last trade day and at the end of the day closed at $311.73. Company price to sales ratio in past twelve months was calculated as 1.92 and price to cash ratio as 11.50. Amazon.com, Inc. (NASDAQ:AMZN) showed a negative weekly performance of -3.49%.
Samsung Electronics Co. opened its defense against Apple Inc.’s patent infringement charges by turning to Google Inc (NASDAQ:GOOG), which maintains it didn’t copy anything from the iPhone in creating the Android operating system. Google Inc (NASDAQ:GOOG) shares fell -1.91% in last trading session and ended the day on $530.60.
Netflix (NASDAQ:NFLX) was downgraded by research analysts at TheStreet from a “buy” rating to a “hold” rating in a report released on Wednesday, Stock Ratings Network.com reports. Netflix, Inc. (NASDAQ:NFLX) shares moved down -2.40% in last trading session and was closed at $326.71, while trading in range of $323.61-$334.82. Netflix, Inc. (NASDAQ:NFLX) year to date performance is -11.26%.
While 2014 has been tough on LinkedIn Corp (NYSE:LNKD) with the shares down 22% year-to-date to trade at $169.10 — Topeka upgraded the stock to “buy” from “hold” this morning. Meanwhile, in LNKD’s options pits, call open interest (relative to put open interest) is at an annual-high level among options expiring within the next three months, as LinkedIn Corp’s Schaeffer’s put/call open interest ratio (SOIR) of 0.48 ranks the lowest of all comparable readings taken during the past 12 months. LinkedIn Corp (NYSE:LNKD) weekly performance is -0.03%. On last trading day company shares ended up $165.78. LinkedIn Corp (NYSE:LNKD) distance from 50-day simple moving average is -15.69%. Analysts mean target price for the company is $252.71.