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Anna Andreeva of Oppenheimer asks about $PLCE's 2Q16 comp guidance. CEO Jane Elfers said due to weather swings between East and West and the Memorial Day holiday moving out of May and into June, there will be pressure on May resulting in a more modest comp for 2Q16 versus 1Q16. But $PLCE is guiding for positive comp and margin expansion in 2Q16.
$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.