Twitter (TWTR) — The social media company is improving its employee compensation structure in an effort to stem a talent drain. Twitter is offering additional restricted stock to employees companywide, extending from the upper ranks to junior-level employees, according to The Wall Street Journal.
Shares of Amazon.com, Inc. (AMZN) are higher by 0.64% to $563.05 in pre-market trading on Thursday following news that the online retailer will lease as many as 20 Boeing 767 widebody freighter jets to move merchandise. The move comes amid rapid growth in Amazon’s Prime service and gives CEO Bezos the possibility of reducing shipping costs by cutting reliance on outside carriers like United Parcel (UPS) and FedEx Corp (FDX).
XOMA Corporation (XOMA) shares surged 16% to $1.03 in pre-market trading after the antibody-based therapeutics company posted earnings loss of $0.21 per share, surpassing analysts’ expectations for a loss of $0.15 per share.
Revenue for the period came in at $48.18 million, well above Street’s estimates of $4.01 million.
Plug Power Inc. (PLUG) shares are up $0.17 to $2.07 in morning trading Thursday after the company reported its fourth quarter earnings results.
The alternative energy technology provider posted earnings of ($0.05) per share, in line with analysts’ expectations. Revenues came in at $38.4 million, up 80.3% from a year ago. Analysts were expecting revenues of $36.17 million.
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