Why Netflix Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Netflix shares are trading higher by around 14% after reporting better-than-expected Q3 results and Q4 revenue forecast. Other stocks moving in pre-market trading include Nxu, Zapp Electric Vehicles, SeaStar Medical, Atreca, Crown ElectroKinetics, BIO-key International, Mangoceuticals, Peraso, and RiceBran Technologies. On the downside, Nuvve Holding, Falcon's Beyond Global, Rentokil Initial, Biocept, Ensysce Biosciences, Blue Star Foods, Micromobility.com, Vicinity Motor, Sientra, and Tesla are trading lower.
October 19, 2023 | 11:38 am
News sentiment analysis
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POSITIVE IMPACT
Netflix shares jumped 13.8% in pre-market trading after reporting better-than-expected Q3 results and Q4 revenue forecast.
Netflix's better-than-expected Q3 results and Q4 revenue forecast are likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Tesla shares fell 5.3% in pre-market trading after reporting weaker-than-expected earnings and sales results for Q3.
Tesla's weaker-than-expected Q3 earnings and sales results are likely to dampen investor sentiment and drive the stock price down in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100