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Netflix's strong momentum has analysts cautious due to its valuation, impacting the stock's near-term outlook. Wall Street, however, leans bullish due to the stock's current growth potential.
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Among the most active single stock option classes, early gainers today include:
MARA $8.27 +0.56 +7.26%,
RIOT $9.24 +0.42 +4.76%,
COIN $74.94 +1.84 +2.52%,
GM $29.89 +0.57 +1.94%,
T $15.50 +0.24 +1.57%,
while the biggest losers include:
ENPH $100.22 -15.69 (-13.54%),
PLUG $6.25 -0.30 (-4.57%),
CGC $0.52 -0.02 (-3.71%),
VALE $12.36 -0.40 (-3.13%),
ORCL $105.10 -3.24 (-2.99%),
>>Unusual Volume NFLX - 4x market weighted volume: 57.9k = 810...
MARA $8.27 +0.56 +7.26%,
RIOT $9.24 +0.42 +4.76%,
COIN $74.94 +1.84 +2.52%,
GM $29.89 +0.57 +1.94%,
T $15.50 +0.24 +1.57%,
while the biggest losers include:
ENPH $100.22 -15.69 (-13.54%),
PLUG $6.25 -0.30 (-4.57%),
CGC $0.52 -0.02 (-3.71%),
VALE $12.36 -0.40 (-3.13%),
ORCL $105.10 -3.24 (-2.99%),
>>Unusual Volume NFLX - 4x market weighted volume: 57.9k = 810...
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Netflix (NFLX.O) released its Q3 2023 earnings report on October 18th, exceeding market expectations by a significant margin.
Key Points:
1.Strong financial performance, with the company raising its operating profit margin for 2024.
Q3 2023 revenue was $8.542 billion, up 7.8% YoY, slightly exceeding company guidance and market expectations, with revenue growth accelerating. The increase in revenue this quarter was primarily driv...
Key Points:
1.Strong financial performance, with the company raising its operating profit margin for 2024.
Q3 2023 revenue was $8.542 billion, up 7.8% YoY, slightly exceeding company guidance and market expectations, with revenue growth accelerating. The increase in revenue this quarter was primarily driv...
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