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William Armstrong of CL King & Associates asks about the strong performance of Piercing Pagoda. CEO Mark Light said the average price is up in Piercing Pagoda and the team has invested more in 14-carat gold and diamonds. So even if there is less traffic, $SIG is getting benefits similar to the mall stores and the average sale is increasing.
$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.