Netflix Tanks After it Lost Paid Subscribers, Disney Declines
Netflix (NFLX) was the big story in the stock market today, as shares lost 35% after the company lost paid subscribers last quarter.
Netflix (NFLX) was the big story in the stock market today, as shares lost 35% after the company lost paid subscribers last quarter.
Stocks soared in the market today, with 99% of the stocks in our coverage up on the day, with multiple names up 7%.
Today in the stock market, last year’s high-flying tech stocks with high price-to-sales ratios slid in a market that was rather flat overall.
Tech stocks tumbled today on fears of high inflation. Meanwhile, retailers had a better day in the market.
In the stock market today, stocks rose as corporate earnings season began with positive results. On the day, shares in industrial providers, cybersecurity and travel gained momentum.
Today in the stock market, stocks gave up early gains as inflation hit a 40-year high. Shares of Upstart (UPST) were down 6%.
Today in the stock market, investors looked for value in beaten-down stocks including Ross Stores (ROST) and Five Below (FIVE).
Shares of Sweetgreen (SG), Shopify (SHOP), and Atlassian (TEAM) lead our list of decliners on a day when the S&P 500 declined 1%.