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James Breen of William Blair asks about $RAX's bookings and whether it will get better throughout the year. CEO Taylor Rhodes said the deals landed in 1Q16 were largely back-end loaded in March and so they will not have a revenue effect until the beginning of 3Q16. The 2Q16 pipeline includes some deals that will drive revenue in 2H16.
$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?