Stocks – Sears Soars in Pre-market; Tilray Crashes; Adobe, Amazon, L Brands Gain

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Stocks - Sears Soars in Pre-market; Tilray Crashes; Adobe, Amazon, L Brands Gain

binary-news.top – Stocks in focus in pre-market trade Friday:

• Sears Holdings (NASDAQ:SHLD) stock soared 21.49% by 8:06 AM ET (12:06 GMT) as the company reported a smaller decline in quarterly same-store sales.

• Tilray (NASDAQ:TLRY) stock crashed 17.33% after Politico reported that Canadians who work in the marijuana industry or invest in the sector could risk a lifetime ban on travel to the U.S.

• Adobe (NASDAQ:ADBE) stock gained 0.84% after reporting better-than-expected quarterly earnings although its estimate for a revenue rise in its digital media unit for the current quarter suggested a slowing pace of growth.

• Amazon.com (NASDAQ:AMZN) stock edged forward 0.28% as chief executive Jeff Bezos, who privately owns the Washington post, said U.S. President Donald Trump was wrong to attack the media.

• L Brands (NYSE:LB) gained 2.04% after the company announced that it would close all of its Henri Bendel stores and the website in order to increase shareholder value.

• Globalscape (NYSE:GSB) stocks could see movement in the regular session after a report the company rejected a buyout offer of $4.15 per share.

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