Finance

Netflix, Alibaba, Ford, Penn National Gaming & more

0


The Netflix logo is shown in this illustration photograph in Encinitas, California.

Mike Blake | Reuters

Check out the companies making headlines in midday trading. 

Netflix — Shares of the streaming giant popped 14% after the company’s fourth quarter report beat Wall Street expectations for revenue and subscribers, which topped 200 million. Netflix also said it would consider stock buybacks and it expects to break even on a cash flow basis this year. Netflix earned upgrades from Wells Fargo and UBS, boosting sentiment further.

Penn National Gaming — Credit Suisse initiated coverage on the sports-betting company with an outperforming rating, sending shares up 5%. The Wall Street firm…



Source cnbc.com

Morgan Stanley (MS) Q4 2020 earnings beat estimates

Previous article

Here’s the maximum amount Biden’s stimulus checks and tax credits would deliver to America’s poorest families

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Finance