Netflix Falls, SpaceX Rises, General Motors Drops

View descriptionShare
 

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Netflix (NFLX) shares are down 5.7% in extended trading, after the streaming-video company gave a revenue forecast that was weaker than expected, compounding concerns about its growth.

- SpaceX (SPCX) shares are up 4.2% in post market trading Tuesday after Elon Musk’s satellite, rocket and artificial intelligence conglomerate reported third-quarter revenue that was better than the average analyst estimate. The beat was driven by substantial growth in its artificial intelligence and satellite internet businesses.

- General Motors (GM) shares fell as shareholders focused on a narrower profit outlook due to sliding sales and inflation, despite plans for another $20 billion in stock repurchases. Worsening inflation will add about $400 million in additional costs this year, with a majority coming in the fourth quarter, according to Chief Financial Officer Paul Jacobson.

 
  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

Stock Movers

Listen for short conversations on today's biggest winners and losers in the stock market.  Subscrib… 
Social links
Follow podcast
Recent clips
Browse 3,249 clip(s)