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EARLY MOVERS: Canada Goose Holdings stock soars after opening China store

Amazon shares climb on plan to build more Whole Foods stores and rosy prospects in India
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Brisk sales at store in China buoyed Canada Goose

Canada Goose Holdings Inc (NYSE:GOOS) (TSE:GOOS) shares popped Monday after reports of large crowds at its new outdoor-wear store in Beijing. The crowds gathered despite chilly temperatures and a frosty relationship between China and Canada. There was a long line of shoppers outside the two-story store on Monday. The waiting times reached an hour or more for the company's $1,300 parkas.

Canada Goose's stock jumped 5.9% to $44.32 in early market trading.

READ: Canada Goose Holding beats fiscal 2Q earnings and revenue; shares jump

Retail behemoth Amazon.com Inc (NASDAQ:AMZN) shares climbed on reports the company plans to build more Whole Foods stores so that more customers will be within reach of its two-hour deliveries. The company is also building a logistic network from scratch in India's rural areas. 

Amazon shares climbed nearly 1.7% to $1,502.75.

Safe-T Group Ltd (NASDAQ:SFET) shares soared after winning an order from the largest beverage company in Israel. The ordered system is an extension of one currently used by the beverage company that secures its information through several methods. The customer's order includes licenses for all of its thousands of users, as well as an annual maintenance subscription for perpetual licenses.

Safe-T shares jumped almost 25% to $3.42 in early business. 

 

Contact Rene Pastor by [email protected]


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