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California-based company $GPRO said revenue grew 20% sequentially in 2Q16. The company shipped 759,000 units, an 8% increase QoverQ. Avg. selling price increased 11% sequentially. Sell-thru was up approx. 10% sequentially. Sell-thru was more than 50% higher than sell-in.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?