BJ - Hot Stocks: BBY BOX rally on quarterly results; BJ BIG drop
Retailer earnings provided a key theme during Thursday's pre-market trading. Best Buy (NYSE:BBY) led the way, posting a notable gain following the release of its quarterly results. BJ's Wholesale Club (NYSE:BJ) and Big Lots (NYSE:BIG) received a much chillier reception from Wall Street after the release of their financial figures. Both stocks dropped in the wake of their quarterly updates. Outside the retailing space, Box, Inc. (NYSE:BOX) also saw significant movement following its earnings announcement. Strong results sent the stock higher in pre-market action. Gainers Best Buy (BBY) advanced before the opening bell, boosted by better-than-expected quarterly earnings. While the company's revenue figure fell short of projections, the electronics retailer posted a bottom-line result that exceeded consensus. BBY also raised its dividend and announced a new $5B stock repurchase plan. Shares advanced nearly 4% in pre-market action. Box, Inc. (BOX) also received a pre-market lift from its earnings report. The
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Hot Stocks: BBY, BOX rally on quarterly results; BJ, BIG drop