Netflix jumps after subscriber additions beat expectations, Alphabet latest tech giant to announce job cuts Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Netflix (NFLX) up 6% after the company reported Q4 results that included better-than-expected streaming paid net additions
- Alphabet (GOOGL) up 3% after the company said that it plans to cut around 12,000 jobs
- PagerDuty (PD) up 5% after the stock was upgraded to Overweight at Morgan Stanley
DOWN AFTER EARNINGS/GUIDANCE -
- Nordstrom (JWN) down 5% after issuing a disappointing update for the holiday season and cutting its earnings outlook
LOWER -
- Domo (DOMO) down 4% after Morgan Stanley cut its recommendation to Equal Weight
- Salesforce (CRM) down 1% following another downgrade, with the latest coming from Cowen
- Eli Lilly (LLY) down 1% after the FDA issued a complete response letter, or CRL, for the donanemab BLA seeking accelerated approval for the treatment of Alzheimer's disease. Shares of Alzheimer's rival Biogen (BIIB) are up 2% following the news.
Symbols:
NFLX - $315.74 /
-10.78 (-3.30%)
GOOGL GOOG JWN CRM DOMO PD LLY - $351.05 /
-0.735 (-0.21%)
BIIB Keywords: Fly Intel, Wall Street, Top Stories, Stocks, Upgrades, Downgrades