Tag Archives: Stock

Netflix Shares Rise 7% As Wall Street Sees Comcast Subscriber Losses As A Boost

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Netflix shares, which are the subject of great debate on Wall Street, rose more than 7% Thursday in the wake of a concession by Comcast earlier in the day that the media giant will continue to lose subscribers. – Dade Hayes, Deadline Hollywood » http://dlvr.it/RNdKLt

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Roku’s Growth Trajectory Looks Solid, but Volatility Remains a Factor

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The future looks bright for Roku, but it’s not a stock for the feint of heart. It will continue to be volatile, and if Amazon is able to beat expectations with its Fire TV, it’ll be rightly perceived that Roku could take longer to match its active user base. That wouldn’t be a disaster in any way, but it would slow its pace of growth and share price trajectory. – TipRanks via Yahoo Finance » https://ift.tt/2tjBcvN [photo: Top: Michael Whay / Bottom: TipRanks]

Netflix Shares Rise After Release Of Global Subscriber Data Emboldens Bulls

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The stock surpassed $316, its highest level in three weeks, before closing at $315.48 on heavier-than-normal trading volume. While Netflix shares spent several months under water in recent months, gains over the past few weeks have pushed them into positive territory for the year to date. – Dade Hayes, Deadline Hollywood » http://dlvr.it/RLSgGk [photo: Google]

Roku stock tanks after Morgan Stanley says massive rally means it’s time to sell

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Swinburne downgraded Roku shares ROKU-13.05% to underweight from equal-weight on Monday, writing that the stock looks far too expensive, as they are now trading at a higher forward multiple of enterprise value to sales than the average fast-growth software company he’s tracking. At the same time, he expects gross margins to fall and gross-profit growth to temper. – Emily Bary, MarketWatch » https://ift.tt/2OFDr48

Roku shares crater over 19% after analyst predicts the cost of streaming devices is going to ‘zero’

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After running up over 330% this year, Roku shares have cooled in September. However, even after this week’s drop, the stock is up nearly 690% from its IPO price of $14 a share. The stock has been one of the most volatile among technology companies this month as the battle in digital streaming continues. – Michael Sheetz, CNBC » https://cnb.cx/31I9bd6

Roku Shares Tumble Amid Apple TV+ Pricing News

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In midday trading, Roku was off 9 percent while Netflix and Disney were down about 3 percent each. Apple TV+ is set to launch Nov. 1, while Disney+, at $7 monthly, has a Nov. 12 target date, and each are gearing up for competition with Netflix, the worldwide leader in premium subscription streaming that costs about twice what Disney will charge. – Paul Bond, The Hollywood Reporter » http://thr.cm/jcS7ap

Lionsgate Shares Drop on Rumors Comcast Will Drop Starz

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Comcast and Lions Gate were unavailable to respond to requests for clarification, and a deal in place now is still four months away from expiring, but investors were punishing the film and TV studio and Starz parent by bidding shares down on more than twice the stock’s normal trading volume. – Paul Bond, The Hollywood Reporter » https://www.hollywoodreporter.com/news/lionsgate-shares-drop-rumors-comcast-will-drop-starz-1235673 [photo: Lions Gate/Facebook]

Netflix suffers first major loss of US subscribers, blames price hikes

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The company lost approximately 130,000 subscribers in the United States in Q2, and only gained 2.7 million global subscribers, after projecting it would add 5 million. CEO Reed Hastings blamed the stagnancy on the company’s price hikes, and a lack of original content to bring in new subscribers. The company instituted higher pricing plans in January, one of its biggest increases to date. Plan changes went into effect for both new and returning subscribers. As such, paid memberships in the United States were “essentially flat.” – Julia Alexander, The Verge » https://ift.tt/2XNYPKH
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