Netflix and sell; Amazon misfire; Big tech hearing [CNN]
Target Corporation (TGT)
Last target corporation earnings: 3/3 06:30 am
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Source: CNN
Netflix and sell; Amazon misfire; Big tech hearing 1. Netflix and sell: The streaming giant is signing up new users, but not quickly enough to keep investors happy. Shares in Netflix ( NFLX ) were poised to drop sharply Tuesday after the firm said it added 5.2 million subscribers last quarter, about 1 million fewer than expected. On a conference call Monday, CEO Reed Hastings noted that the company has missed on subscribers before. He attributed such snags to a "lumpiness in the business." The company said it had made $384 million in profit in the second quarter on $3.9 billion in sales. Netflix closed at $400 per share on Monday. Last week, Instinet analyst Mark Kelley set a price target of $370, saying he was was worried about an increasingly competitive landscape. 2. Prime time for Amazon: Amazon's ( AMZN ) self-created Prime Day holiday is off to a rocky start. The retailing giant's website experienced periodic outages on desktop and mobile on Monday, right after the Prim
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TGT
News
- Levi & Korsinsky, LLP Investigates Target Corporation in Connection with False Advertisement Accesswire
- Are You Looking for a High-Growth Dividend Stock? [Yahoo! Finance]Yahoo! Finance
- Target (TGT) Stock Slides as Market Rises: Facts to Know Before You Trade [Yahoo! Finance]Yahoo! Finance
- Target (TGT) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- False Advertisement: Target Corporation Investigated by Levi & Korsinsky, LLP?? Accesswire
TGT
Earnings
- 3/5/24 - Beat
TGT
Sec Filings
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- TGT's page on the SEC website