viewMichael Kors Holdings

Michael Kors, Akamai Technologies, Hasbro, Tesla Inc - PRE-MARKET

Proactive takes a look at what's piquing interest in pre-market deals in New York

Michael Kors unveiled earnings and revenues, which topped analysts' expectations.

In pre-market trade on Wednesday, luxury handbag maker Michael Kors (NYSE:KORS) was in focus, with shares up 7.89% to US$70.60.

The group unveiled earnings and revenues, which topped analysts' expectations.

It came after another successful showing by Coach parent Tapestry yesterday.

Akamai Technologies (NASDAQ:AKAM) was another riser in New York's pre-market, up 7.63% to US$68.53.

Its fourth quarter numbers beat EPS (earnings per share) and revenue estimates.

A US$52mln restructuring charge was made in the three months, mainly including workforce reductions and facility closures.

Meanwhile, Hasbro Inc (NYSE:HAS), the games maker, shed 3.18% to US$90.94 as it revealed that sales of 'Star Wars' and 'Frozen' toys lagged behind in its fourth quarter.

The firm had revenue of US$1.60bn against US$1.72bn, which had been projected.


Electric car giant and Elon Musk firm Tesla Inc (NASDAQ:TSLA) is set to report after the bell later.

Shares are up 0.89% to US$336.95 in pre-market deals and closed 0.25% up on Tuesday.

The group is forecast to report quarterly loss at US$3.12 per share on revenue of US$3.28bn.

Quick facts: Michael Kors Holdings

Price: - -

Market: NYSE
Market Cap: -

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Smart Metering Systems boss expects to be at the forefront of UK's zero...

Smart Metering Systems PLC's (LON:SMS) chief executive Alan Foy says it has £76mln indexed linked annualised recurring revenues on the books with at least an additional £40mln in waiting when it converts its minimum secured order book of 2mln to smart meters. Foy explains that the company gets...

6 hours, 11 minutes ago

2 min read