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Gerrick Johnson from BMO Capital probes on the dollar amount of the legal benefit from the litigation and the spend per quarter on litigation. $WGO CFO Sarah Nielsen said litigation has been there for a number years and in some instances expense was more. The settlement was $2.75MM and in FY16, $WGO invested $200,000-250,000 in legal fees.
$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.