Amazon.com Inc. (NASDAQ:AMZN) recently asked the Federal Aviation Administration for permission to use drones as part of plans to deliver packages to customers in 30 minutes or less. The FAA allows hobbyists and model aircraft makers to fly drones, but commercial use is mostly banned. Amazon.com, Inc. (NASDAQ:AMZN) stock performance was -9.65% in last session and finished the day at $324.01. Traded volume was 1,165.00million shares in the last session and the average volume of the stock remained 4.15million shares. The beta of the stock remained 0.93. Amazon.com, Inc. (NASDAQ:AMZN) insider ownership is 18.30%.
Informatica (NASDAQ:INFA)‘s stock had its “hold” rating restated by equities researchers at Deutsche Bank in a research report issued on Friday. They currently have a $32.00 price target on the stock, down from their previous price target of $40.00. Deutsche Bank’s target price would indicate a potential upside of 4.40% from the stock’s previous close. Informatica Corporation (NASDAQ:INFA) dropped -12.25 percent to $30.65 Friday on volume of 11.37million shares. The intra-day range of the stock was $29.87 to $31.23. Informatica Corporation (NASDAQ:INFA) has a market capitalization of $3.36billion.
Silicon Laboratories (NASDAQ:SLAB)‘s stock had its “buy” rating restated by equities researchers at Needham & Company LLC in a research report issued on Friday. Silicon Laboratories (NASDAQ:SLAB)’s stock on July 25, 2014 reported a decrease of -14.44% to the closing price of $40.04. Its fifty two weeks range is $37.57 -$54.00. The total market capitalization recorded $1.74billion. The overall volume in the last trading session was 2.11million shares. In its share capital, SLAB has 43.45million outstanding shares.
Dragonwave Inc., a network communications equipment provider, plunged 14 percent to C$1.72, the biggest decline since September. The company said it will sell shares for C$1.80 a unit to raise about C$25 million. On Friday, shares of DragonWave, Inc.(USA) (NASDAQ:DRWI) dropped -14.25% to close the day at $1.60. Company return on investment (ROI) is -70.60% and its monthly performance is recorded as 6.67%. DragonWave, Inc.(USA) (NASDAQ:DRWI) quarterly revenue growth is 22.14%.
Integrated Device Technology (NASDAQ:IDTI) is scheduled to release its Q115 earnings data on Monday, July 28th. Analysts expect Integrated Device Technology to post earnings of $0.40 per share and revenue of $480.40 million for the quarter. Integrated Device Technology Inc (NASDAQ:IDTI) stock performance was -5.73% in last session and finished the day at $13.33. Traded volume was 4.75million shares in the last session and the average volume of the stock remained 3.25million shares. The beta of the stock remained 1.97. Integrated Device Technology Inc (NASDAQ:IDTI) insider ownership is 0.50%.