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Austin Wurschmidt of KeyBanc Capital Markets asks about the guidance for Northern California. $ESS said it is not expecting an acceleration in rent but it expects 4Q16 to be better than last year. The guidance assumes that rents do not fall off as they do seasonally and that $ESS will be able to maintain rents and achieve renewals of 5-6%.
$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.