Here is a look at some of the stocks the Yahoo Finance team will be watching for you today.
Shake Shack (SHAK) shares are lower in early trading after the burger joint's first quarterly report since going public in January did not impress investors. The company posting a wider-than-expected loss in the fourth quarter due partially to higher commodity costs, such as beef. But revenue came in slightly above analysts' estimates, jumping nearly 52% from a year earlier.
Krispy Kreme (KKD) stock is getting dunked in the pre-market. The doughnut chain reporting revenue missed forecasts in the fourth quarter due to weak sales overseas and as it scaled back on promotions, but earnings came in line with Wall Street estimates.
Dollar General (DG) shares are higher before the bell. The discount retailer gave a weak outlook for the year and said it plans to open about 730 new stores this year as rivals Family Dollar and Dollar Tree combine forces. This as it reported profits that came in-line with expectations and revenue that was slightly below estimates. However, sales rose 10% from a year ago.
Acadia Pharmaceuticals (ACAD) shares are tanking in early trading. The company is delaying its application of its lead drug used to treat psychosis related to Parkinson's disease until the second half of the year. And its long-time CEO announced his sudden retirement which is effective immediately.
Lumber Liquidators (LL) shares are jumping ahead of the open. The flooring retailer says it stands by its products but will provide some customers with air quality testing at no charge. Lumber Liquidators adds same store sales have fallen almost 13% since a “60 Minutes” report alleged that the retailer’s hardwood flooring from China contains high levels of cancer-causing formaldehyde. Lumber Liquidators will provide more details in a conference call later this morning. The stock has seen some volatile swings since the damaging "60 minutes" piece more than a week ago.
Alibaba (BABA) shares are also in the spotlight this morning. The Chinese e-commerce giant is reportedly investing $200 million dollars into Snapchat. This deal would value the messaging app company at $15 billion dollars.