What's Going On With Netflix Shares

Netflix Inc NFLX shares are trading lower by 4.13% to $257.96, possibly in sympathy with Warner Bros Discovery Inc WB and FuboTV Inc FUBO which fell after the companies reported third-quarter financial results.

What Happened?

Warner Bros. Discovery reported quarterly losses of 95 cents per share. The company reported quarterly sales of $9.82 billion which missed the analyst consensus estimate of $10.36 billion by 5%.

Meanwhile, FuboTV reported quarterly losses of 52 cents per share which beat the analyst consensus estimate of 73 cents. The company reported quarterly sales of $224.80 million which beat the analyst consensus estimate of $213.18 million by 5%. 

Netflix has a 52-week high of $700.99 and a 52-week low of $162.71.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Penny StocksSmall CapMoversTrading Ideaswhy it's moving
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!