Tilray, Canada Goose, Luckin Coffee Fall Premarket

Shares of Canada Goose fell 5.3% in pre-market trading by 8:20 AM as its losses in the first quarter widened, despite stronger earnings growth than forecast. The luxury outdoor clothing maker reported a net loss of $ 0.36 per share on $ 45.9 million in revenue.

• Tencent Holdings shares were in focus as Chinese conglomerate earnings fell below expectations, though a return on its gaming profits helped push the bottom to 35%. The company’s deposit receipts in Germany decreased by 3.6%.

• Bristol-Myers Squibb shares fell 0.5% despite drug making improving overweight from neutral to Atlantic Shares due to increased clarity in its Celgene acquisition, CNBC reported.

• Luckin Cafe stock fell 8.2% after the Chinese coffee chain reported a $ 0.48 loss per share, which was worse than expected. Revenue beat estimates.

• Tilray tock fell 11.5% after posting a larger loss than expected due to increased operating costs./investing

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