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$SMRT said the company had 283 stores at the end of 2Q16 compared to 269 a year ago. Pre-opening costs related to new and relocated stores were $0.3MM. The company also stated that it is opening eight new stores this fall for a total of 13 new stores in 2016 and are closing one store in Aug. and will have 290 stores at the end of 2016.
$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.