Late Market Roundup (NFLX, CNX, EOG, RRC, SII, SLB, CTRN)

Shares of Netflix Inc NFLX are trading down after analysts at Morgan Keegan downgraded the company from “perform” to “underperform.” The company’s share price has doubled since February after the online DVD rental provider's streaming service showed strong results. NFLX’s shares have lost about 3% following the downgrade. Gold moved into positive territory today. December gold contract is back at its 6-week high level. December gold rose 0.5% to $1,233.90 an ounce on the Comex division of the New York Mercantile Exchange (NYMEX). The Energy stocks in the S&P 500 index collectively dropped about 1.3% today. The top decliners in the list that fell more than 2% include Consol Energy CNX, EOG Resources EOG and Range Resources RRC. Shares of Smith International SII and Schlumberger SLB lost about 1%. Shares of Citi Trends Inc CTRN plunged after the company reported weaker-than-expected results for the second quarter. The company posted a Q2 loss of $0.04 per share, as compared to analyst expectations of a profit of $0.07 per share. Read more from Benzinga's Markets.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsDowngradesIntraday UpdateMarketsAnalyst RatingsTrading IdeasApparel RetailCoal & Consumable FuelsConsumer DiscretionaryEnergyInternet RetailLate Market RoundupOil & Gas Equipment & ServicesOil & Gas Exploration & Production
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!