Thursday, September 22, 2016

Shutterfly Inc. (SFLY) Plunged After Amazon Launched Competing Service

Shutterfly Inc. (SFLY) was range-bound for most of Wednesday's session, but sold-off sharply in the final 2 hours of trade. The stock closed with a loss of 6.28 at $44.20 on the highest volume of the year. Shutterfly plunged to nearly a 7-month low.

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