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Product sales for $BIIB increased 6% YoverY to $2.3Bil in 1Q16. Worldwide TECFIDERA revenue grew 15% YoverY to $946MM. Interferon, which includes AVONEX and PLEGRIDY, fell to 11% to $670MM, while Avonex fell 19% to $564MM. Meanwhile, revenue from PLEGRIDY rose 72% to $106MM.
$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.