Twitter (TWTR) is breaking down again and trading in the $13's. Expect some big swings over the next three months followed by a rally into earnings. TWTR is an excellent trading stock.
Tesla (TSLA) is now trading back up near $220. The stock rallied from $135-$260 a few months ago so profit taking was to be expected. Tesla (TSLA) will now have major support located at $200.
CSRA (CSRA +0.79%) lost nearly 1% in after-hours trading after it reported Q4 adjusted EPS of 50 cents, better than consensus of 48 cents, but Q4 revenue of $1.29 billion was below consensus of $1.31 billion.
BG Staffing (BGSF -0.24%) slumped over 14% in after-hours trading after it announced a public offering of stock, although no terms were available at the time of this writing.
21Vianet Group (VNET +6.09%) slid 4% in after-hours trading after it reported a Q1 adjusted loss/Ads of 13 cents and Q1 gross margins of 19.6% versus 26.8% y/y.
Titan Pharmaceuticals (TTNP +1.29%) surged 23% in after-hours trading after it said it will receive a $15 million payment from partner Braeburn Pharma, double-digit royalties and up to $165 million is sales milestones following FDA approval of its Probuphine implant.
Zoe's Kitchen (ZOES +2.47%) climbed over 3% in after-hours trading after it reported Q1 adjusted EPS of 6 cents, better than consensus of 4 cents, and then raised its full-year revenue estimate to $277 million-$281 million from a prior estimate of $275 million-$289 million.
Quanex Building Products (NX +2.47%) reported Q2 adjusted EPS of 10 cents, better than consensus of 9 cents, and boosted its full-year Ebitda estimate to $117 million-$121 million from a December 14 estimate of $112 million-$120 million.
Boyd Gaming (BYD +0.48%) rose more than 4% in after-hours trading after MGM Resorts International acquired Boyd's 50% stake in Atlantic City's Borgata hotel and casino for $900 million.
Costco (COST) reported that its May total sales rose 3 percent, while its comparable store sales remained flat despite the metric rising 1 percent in the U.S. Excluding the impact of gasoline price deflation and foreign exchange, comparable store sales climbed 4 percent.
Fred’s (FRED) reported a 1 percent drop in total sales for May, although comparable store sales edged down 0.4 percent year-over-year. For the first four months, comparable store sales were up 0.7 percent.