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Actionable news in SFLY: Shutterfly, Inc.,

One Reason Why Shutterfly (SFLY) Stock Is Rebounding Today

NEW YORK (TheStreet) -- Shares of Shutterfly (SFLY) were advancing on heavy trading volume late Thursday afternoon as Cantor Fitzgerald said yesterday's selloff in reaction to Amazon.com (AMZN) launching a new photo service was an "overreaction."

"Amazon's entry into the photo print business (using S&D Prints for fulfillment) creates a significant headline risk for SFLY, just like Apple (AAPL), Google (GOOGL) and Walmart (WMT) have over the last several years. That said, just like in those...


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