Stocks Move on Earnings, Upgrades and Share Structure Changes

Visa stock down over 2% after announcing plans to change share structure to release transfer restrictions on Class B stock
Semtech stock up 7% after beating Q2 earnings expectations despite weak Q3 guidance
Penn Entertainment shares rally 6% as Deutsche Bank initiates short-term catalyst call to buy, citing inexpensive valuation
Netflix shares slip around 2% as CFO cautions ongoing writers' strike is bad for business and ad-supported tier won't boost revenue in short term
Etsy stock rises nearly 3% after upgrade to outperform at Wolfe Research on improving consumer spending and margins

cnbc.com

Relevant topic timeline:

8/22/2023

Netflix Inc. stock outperforms market on strong trading day

Shares of Netflix Inc. rallied 1.20% on a negative trading day, outperforming its competitors.

8/28/2023

Netflix Inc. stock rises Monday, still underperforms market

Shares of Netflix Inc. rose 0.49% as the stock market had a positive trading session, although it underperformed compared to some of its competitors.

9/6/2023

Netflix Inc. stock outperforms market despite losses on the day

Shares of Netflix Inc. fell 0.65% on a rough trading session for the stock market.

9/6/2023

Microsoft Corp. stock outperforms market despite losses on the day

Microsoft Corp. shares slipped 0.20% as the stock market experienced a rough trading session, with the S&P 500 and Dow Jones Industrial Average also falling.

9/12/2023

Netflix Stock Slides Amid Broader Market Selloff

Netflix's stock slid 2.40% as it underperformed compared to some competitors, closing $50.31 short of its 52-week high.

9/15/2023

Charles Schwab Stock Drops 2.6% on High Volume As Market Declines

Shares of Charles Schwab Corp. slipped 2.58% on a dismal trading session, underperforming some of its competitors.

10/11/2023

Netflix Stock Dips Ahead of Q3 Earnings as Estimates Point to Slowing Growth

Netflix stock experienced a loss of 1.98% in the recent trading session, falling behind the S&P 500's gain, and analysts are anticipating the company's upcoming earnings release with expectations of year-over-year growth.

Topics

Posted 9/14/2023, 3:46:45 PM

Stocks Move on Earnings, Upgrades and Share Structure Changes

Visa stock down over 2% after announcing plans to change share structure to release transfer restrictions on Class B stock
Semtech stock up 7% after beating Q2 earnings expectations despite weak Q3 guidance
Penn Entertainment shares rally 6% as Deutsche Bank initiates short-term catalyst call to buy, citing inexpensive valuation
Netflix shares slip around 2% as CFO cautions ongoing writers' strike is bad for business and ad-supported tier won't boost revenue in short term
Etsy stock rises nearly 3% after upgrade to outperform at Wolfe Research on improving consumer spending and margins

cnbc.com

Relevant topic timeline:

8/22/2023

Netflix Inc. stock outperforms market on strong trading day

Shares of Netflix Inc. rallied 1.20% on a negative trading day, outperforming its competitors.

8/28/2023

Netflix Inc. stock rises Monday, still underperforms market

Shares of Netflix Inc. rose 0.49% as the stock market had a positive trading session, although it underperformed compared to some of its competitors.

9/6/2023

Netflix Inc. stock outperforms market despite losses on the day

Shares of Netflix Inc. fell 0.65% on a rough trading session for the stock market.

9/6/2023

Microsoft Corp. stock outperforms market despite losses on the day

Microsoft Corp. shares slipped 0.20% as the stock market experienced a rough trading session, with the S&P 500 and Dow Jones Industrial Average also falling.

9/12/2023

Netflix Stock Slides Amid Broader Market Selloff

Netflix's stock slid 2.40% as it underperformed compared to some competitors, closing $50.31 short of its 52-week high.

9/15/2023

Charles Schwab Stock Drops 2.6% on High Volume As Market Declines

Shares of Charles Schwab Corp. slipped 2.58% on a dismal trading session, underperforming some of its competitors.

10/11/2023

Netflix Stock Dips Ahead of Q3 Earnings as Estimates Point to Slowing Growth