Amazon (AMZN) which is currently down in early trading. Jeff Bezos and company are currently counting receipts from yesterday's Cyber Monday bonanza. Reports from third parties indicate Amazon was a cyber Monday winner. They may have benefitted from the buzz surrounding delivery drones. Not yet a reality-- and perhaps something that will never happen. but a great piece of PR unveiled ahead of the Cyber Monday event. Amazon stock goes into today's regular trading session up 52% so far this year.
Krispy Kreme (KKD) has been down more than 14% since reporting earnings yesterday afternoon. The Doughnut chain hays it made adjusted earnings of 16-cents a share, a penny above estimates. Sales were pretty much in line with expectations So why is the stock getting fried? The company is lowering its guidance for the coming year despite aggressive expansion. Excluding this morning's drop shares of Krispy Kreme are up 152% year-to-date.
Tesla (TSLA) is up 6% in early trading. The stock has recently been under pressure because of several fires involving the Model S sedan, but investigators in Germany have concluded the car is in fact safe. Shares of Tesla have been down 27% over the last three months, in the wake of bad press from the fires. Shares are still up 251% in 2013.
Bob Evans Farms (BOBE) reports after the closing bell. Analysts are looking for profits of 55-cents a share, up 2-cents from a year ago, though on sales that have dropped more than 17%. That stems in part from the shuttering of many restaurants. The chain has also been remodeling many of its locations. At the same time it's trying to exercise cost controls because of higher pork prices. Bob Evans stock goes into today's session up 32% year-to-date.
- Consumer Discretionary
- Stocks & Offerings
- Krispy Kreme
- Jeff Bezos
- Cyber Monday