Telecom Italia SpA
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Communication Services : Diversified Telecommunication Services | Large Cap Value
Based in ItalyCompany profile

Telecom Italia S.p.A. (Telecom Italia) operates fixed voice and data infrastructure in Italy, and provides mobile network platforms. The Company focuses on various areas of digital services, including Enriched Communication, Trusted Digital Life, Business Life, Indoor Life, Mobile Open Life and Digital Entertainment. Its segments include Consumer, Business, National Wholesale and Other. It is engaged in developing various projects in areas, including Smart Green, Social Reading, Solutions for good schooling, Digital tourism 2.0, Smart Home, FriendTV and Big Data. Smart Green is the assessment of projects connected with the environment and potential partnerships with the local government offices for the monitoring of air in public offices and urban areas, using networks of sensors connected to the Company's Cloud. The Company is involved, either alone or in partnership with external partners, in devising and developing healthcare services at national, regional and local level.

Closing Price
$5.54
Day's Change
-0.32 (-5.46%)
Bid
--
Ask
--
B/A Size
--
Day's High
5.69
Day's Low
5.44
Volume
(Light)
Volume:
233,203

10-day average volume:
297,159
233,203

Amazon's stock extends rally into bull-market territory as market cap tops $800 billion

1:00 pm ET January 8, 2019 (MarketWatch)
Print

Shares of Amazon.com Inc. (AMZN) surged 1.2% in afternoon trade Tuesday, to lift its market-capitalization back above the $800 million mark for the first time in nearly a month, a day after the e-commerce and cloud giant ended its 10-week old bear market. The stock closed Monday at $1,629.51, or 21.2% above its Dec. 24 closing low of $1,343.96. Many on Wall Street define a bull-market as a rise of 20% or more off a bear-market bottom. The stock had entered a bear market on Oct. 29, when it closed 24.5% below its Sept. 4 record close of $2,039.51. The stock went on to fall as much as 34.1% through Dec. 24 before beginning its recovery. Separately, Amazon extended its lead as the most valuable company by market cap, as second-place Microsoft Corp.'s shares (MSFT) edged up 0.3%, putting its market cap at $785.6 billion. Amazon's market cap rose to $806.6 billion, heading toward the first close above $800 billion since Dec. 13. Amazon's stock has still lost 11.5% over the past three months, while the Nasdaq Composite has shed 11.4% and the S&P 500 has given up 11.3%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 08, 2019 13:00 ET (18:00 GMT)

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