Netflix Stock Dives On Big Subscriber Miss, Guide Down [Investor's Business Daily]
KeyCorp (KEY)
Last keycorp earnings: 4/16 06:30 am
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Source: Investors Business Daily
Related news Highflying stock Netflix ( NFLX ) got its wings clipped on Tuesday after posting disappointing subscriber numbers for the second quarter and guiding below Wall Street's views for the current quarter. Netflix shares tumbled 13%, near 348.50, in early trading on the stock market today . Just a few days ago it was trading near record high territory. Netflix stock reached a recent high of 419.77 last Wednesday. That's just below its all-time high of 423.21, notched on June 21. Late Monday Netflix reported adding 5.2 million new subscribers in the June quarter, 1 million less than its forecast. Netflix management blamed seasonal trends for its shortfall and said its business remains healthy. At least seven Wall Street brokerages cut their price targets or ratings on Netflix stock after the earnings report . However, two firms raised their targets, sensing a buying opportunity in a top internet stock. Firms cutting their targets included Canaccord Genuity, Cowen, Deutsche Bank,
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News
- KEYBANK LAUNCHES VIRTUAL ACCOUNT MANAGEMENT SERVICES POWERED BY QOLO'S TECHNOLOGY PLATFORM [Yahoo! Finance]Yahoo! Finance
- KEYBANK LAUNCHES VIRTUAL ACCOUNT MANAGEMENT SERVICES POWERED BY QOLO'S TECHNOLOGY PLATFORMPR Newswire
- Kimmeridge Calls SilverBow ‘Worst-in-Class' as Proxy Fight Heats [BNN Bloomberg (Canada)]BNN Bloomberg
- Urban League of Greater Hartford Is Awarded $150,000 Grant From KeyBank Foundation [Yahoo! Finance]Yahoo! Finance
- KEYCORP ANNOUNCES 2025 QUARTERLY EARNINGS CONFERENCE CALL DATESPR Newswire
KEY
Earnings
- 4/18/24 - Miss
KEY
Sec Filings
- 5/2/24 - Form 10-Q
- 4/18/24 - Form 8-K
- 4/2/24 - Form 4
- KEY's page on the SEC website