Shares of several tech stocks are trading lower amid weakness in Netflix and Tesla, following the companies' respective quarterly reports.
Portfolio Pulse from Benzinga Newsdesk
Tech stocks are trading lower due to weak quarterly reports from Netflix and Tesla. This has affected the overall tech sector.
July 20, 2023 | 5:37 pm
News sentiment analysis
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NEGATIVE IMPACT
Netflix's weak quarterly report has led to a decrease in its stock price.
Netflix's weak quarterly report has disappointed investors, leading to a sell-off and a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Tesla's weak quarterly report has led to a decrease in its stock price.
Tesla's weak quarterly report has disappointed investors, leading to a sell-off and a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100