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Goldman Sachs analyst Lindsay Drucker-Mann questions $UBRN on funding the comp with a little bit more inventory going forward in the UO brand. CEO of Urban Outfitters Group, Trish Donnelly says that $URBN can get good results on tight inventory and so it is not looking to overfund. In spite of tight inventories, $URBN will still drive the topline.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.