NFLX is down 2.96% today in the Communication Services sector. Volume is 54.19M vs a 30-day average of 41.01M (1.32x).
One member of Congress has been buying Netflix Inc. shares in larger amounts than other members over the last year. With the streaming company hitting a two-year low for its share…
Netflix shares have lost nearly 32% this year and are trading about 45% below their 52-week high of $116.73.
S&P 500 most-active stocks for Oct. 26: Intel led volume at 70.45M shares and rose 5.71%, while Tesla gained 5.96% and Netflix fell 4.24%.
S&P 500 top movers for today's session: Lumentum Holdings gained 10.57% and Fair Isaac fell 15.91%, with Tesla, Intel, Netflix and PayPal also moving.
Netflix just beat earnings and still got punished, losing nearly half its value over the past year while its margins quietly widened. Something in that math does not add up, and t…