Stock Beat: Amazon.com, Inc. (NASDAQ:AMZN), Glu Mobile Inc. (NASDAQ:GLUU)

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Amazon.com, Inc. (NASDAQ:AMZN) is fractionally higher as the e-commerce retail giant launches Sunday delivery in Seattle by processing orders in its newly opened Kent “sortation” facility.

By achieving faster delivery and Sunday delivery options, AMZN is working to chip away at the one disadvantage it has versus its bricks and mortar competitors: products in hand.

Without fanfare, AMZN has discreetly opened sortation centers in Atlanta, Dallas, Houston, Phoenix, San Bernardino, New Jersey, and Kentucky in recent weeks. The company expects to have more than 15 sortation centers in the US by year end.

VP of North American Operations Mike Roth said, “Our size and scale now allows us to optimize more of the fulfillment service.”

AMZN is up 0.3% at $359.63 per share in afternoon Monday trading on light volume of 1.4 million shares.
Shares trade in the middle of a 52-week price range of $279.33 – $408.06 per share.

Shares of Glu Mobile Inc. (NASDAQ:GLUU) rose to a new 7-year high of $7.58, buoyed by the strength of its successful game Kim Kardashian: Hollywood.

The game has “consistently” been the fourth top-grossing game in the U.S. on Apple’s (AAPL) U.S. App Store, Bloomberg noted citing Cowen analyst Doug Creutz. Cowen analyst Doug Creutz also said the company’s Kim Kardashian video game could help boost Glu Mobile’s revenues to more than $200 million this year.

After rising to a new 7-year high, GLUU shares recently traded at $7.47, up 10%. The stock, which has a new 52-week range of $2.10 to $7.58, has gained almost 90% this year.

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