Netflix, SunPower Fall; Peloton, Financial institution OZK Rise


Shares that traded closely or had substantial value adjustments Friday:

Netflix Inc., down $110.75 to $397.50.

The streaming leisure firm delivered one other quarter of disappointing subscriber progress.

PPG Industries Inc., down $4.96 to $154.74.

The paint and coatings maker warned that it’s grappling with excessive uncooked supplies prices and provide chain issues.

Intuitive Surgical Inc., down $23.20 to $269.53.

The surgical machine maker warned buyers that COVID-19 will seemingly proceed to harm process volumes.

Ecolab Inc., down $18.08 to $195.09.

The cleansing, food-safety and pest-control providers firm warned that provide chain disruptions and COVID-19 crimped fourth-quarter earnings.

Peloton Interactive Inc., up $2.84 to $27.06.

The maker of train bikes and treadmills stated fiscal second-quarter income would meet earlier estimates.

Financial institution OZK, up 92 cents to $48.15.

The financial institution’s fourth-quarter monetary outcomes beat Wall Avenue forecasts.

SunPower Corp., down $3.22 to $15.80.

The photo voltaic services firm warned of a possible product defect that might lead to $27 million in fees.

M&T Financial institution Corp., down $6.24 to $160.11.

Bond yields fell and weighed down banks, which depend on greater yields to cost extra profitable curiosity on loans.

Disclaimer: This submit has been auto-published from an company feed with none modifications to the textual content and has not been reviewed by an editor

Learn all of the Latest News, Breaking News and Coronavirus News right here.

Source link

HostGator Web Hosting


Please enter your comment!
Please enter your name here