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Company News For Aug 13, 2018

Initial Jobless Claims Remained Unchanged At 214K
  • Lions Gate Entertainment’s LGF.A shares gained 4.6% after the company reported first-quarter fiscal 2019 adjusted earnings of $0.18 per share, surpassing the Zacks Consensus Estimate of $0.15 per share

  • Shares of The Trade Desk, Inc. TTD surged 37.1% after the company reported second-quarter fiscal 2018 earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.44 per share

  • Overstock.com, Inc.’s OSTK shares gained 7.9% on news that GSR capital, a Hong Kong-based private equity firm is buying shares in the company and also investing in its blockchain subsidiary Zero

  • Shares of Redfin Corporation RDFN declined 22.4% after the company forecasted slower revenue growth for third quarter in the range of $137.1 million -$141.3 million


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