On Tuesday,Shares of Insulet Corporation (NASDAQ:PODD), added 5.62% and closed at $36.64 in the last trading session. The last trading range of the stock ranges between $32.98 and $37.51. Insulet Corporation, a medical device company, develops, manufactures, and sells insulin infusion systems for people with insulin-dependent diabetes in the United States. The company offers OmniPod Insulin Administration System (OmniPod System), which consists of the OmniPod, an easy-to-use continuous insulin delivery system for people with insulin-dependent diabetes; and personal diabetes manager, a handheld wireless device. It also sells blood glucose testing supplies, insulin pumps, pump supplies, pharmaceuticals, and other products for the administration and treatment of diabetes.
Liberty Interactive Corp (NASDAQ:QVCA), jumped 2.28% and closed at $21.05 in the last trading session. The last trading range of the stock ranges between $20.02 and $21.21. The company’s Market capitalization is $14.24 Billion with the total Outstanding Shares of 609.31 Million. Liberty Interactive LLC (“Liberty”), a partner of Liberty Interactive Corporation (Nasdaq: QVCA, QVCB, LVNTA, LVNTB), declares a semi-annual interest payment and additional distribution to the holders of its 4.0% Senior Exchangeable Debentures due 2029 (the “Debentures”). The amount of the semi-annual interest payment is $20.00 per $1,000 original principal amount of Debentures (a “Debenture”), and the amount of the additional distribution is $0.8489 per Debenture. Under the Indenture for the Debentures, the original principal amount of the Debentures is reduced by an amount equal to each extraordinary distribution made to holders of the Debentures. Thereafter, the adjusted principal amount is further reduced on each successive semi-annual interest payment date to the extent necessary to cause the semi-annual interest payment to represent the payment of an annualized yield of 4.0% of the adjusted principal amount. This latter adjustment, to the extent it is made by reason of a particular extraordinary distribution that results in an adjustment to the principal amount of the Debentures, takes effect on the second succeeding interest payment date after the payment of that extraordinary distribution.