{"id":1361,"date":"2019-09-24T17:18:27","date_gmt":"2019-09-24T17:18:27","guid":{"rendered":"https:\/\/skyeconomynews.com\/?p=1361"},"modified":"2019-09-30T17:20:41","modified_gmt":"2019-09-30T17:20:41","slug":"stocks-of-the-global-companies-that-made-the-biggest-moves-earlier-this-week","status":"publish","type":"post","link":"https:\/\/skyeconomynews.com\/stocks-of-the-global-companies-that-made-the-biggest-moves-earlier-this-week\/","title":{"rendered":"Stocks of the global companies that made the biggest moves earlier this week"},"content":{"rendered":"\n<p><strong>Netflix<\/strong> &#8211; Netflix shares fell more than 3% after two\nWall Street analysts joined a group of brokerages worried about new competitive\npressures. Analysts have warned that heavy online spending and rival moves by\nApple, Disney and NBC are starting to cost Netflix&#8217;s key content licenses and\ncould impact subscriber growth and profitability.<\/p>\n\n\n\n<p><strong>Apple<\/strong> &#8211; Apple shares rose nearly 1% after an upgrade\nto \u201cbuy\u201d from Jefferies. The company said Apple would have a\nbigger-than-expected impact from the 5G iPhones more than Wall Street expects.\nJefferies has a price target of $260 on Apple, putting the company among the\ntop 5 bullish Apple analysts in the market.<\/p>\n\n\n\n<p><strong>TESLA<\/strong> &#8211; Tesla shares plunged 4% after automaker CEO\nElon Musk was charged in a lawsuit for incorrectly valuing SolarCity, offering\nflawed analysis and misleading investors during the acquisition of SolarCity.\nTesla bought SolarCity in 2016 for $2.6 billion.<\/p>\n\n\n\n<p><strong>Snap<\/strong> &#8211; Snap shares rose 3.8% after Guggenheim\nupgraded the stock from \u201cneutral\u201d to \u201cbuy\u201d. The company said the social media\ncompany could return about 30% to investors in the next 12 months. The analyst\nsaid that Snap&#8217;s strong trends in use and industry-leading access to children\nbetween the ages of 18 and 34 should drive the growth of advertising.<\/p>\n\n\n\n<p><strong>Wynn Resorts<\/strong> &#8211; Wynn Resorts shares rose 2% after an\nupgrade from Goldman Sachs to \u201cbuy\u201d from \u201cneutral\u201d. The company cited\n&#8220;stabilizing&#8221; of the total gross revenue of the casino stock.<\/p>\n\n\n\n<p><strong>BlackBerry<\/strong> &#8211; Smartphone maker shares fell nearly 20%\nafter the company reported disappointing revenue figures and reduced its\nforecast for full-year sales. BlackBerry announced second-quarter revenue of\n$261 million. Analysts polled by Refinitiv forecast revenue of $266 million.\nThe company also lowered the upper end of the fiscal revenue guidance for 2020.<\/p>\n\n\n\n<p><strong>Anheuser-Busch InBev<\/strong> &#8211; AB InBev shares fell 2.4%\nafter the company priced its initial public offering in Asia at HK$27 per\nshare, which is at the lower end of the expected range.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Netflix &#8211; Netflix shares fell more than 3% after two Wall Street analysts joined a group of brokerages worried about new competitive pressures. Analysts have warned that heavy online spending and rival moves by Apple, <a class=\"mh-excerpt-more\" href=\"https:\/\/skyeconomynews.com\/stocks-of-the-global-companies-that-made-the-biggest-moves-earlier-this-week\/\" title=\"Stocks of the global companies that made the biggest moves earlier this week\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":1362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[63],"tags":[93,74,66,79,36,34,114,127,48,24,78,131,44,10,58,57,70,47,86,31,18,80,23,46,109,85,115],"_links":{"self":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1361"}],"collection":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/comments?post=1361"}],"version-history":[{"count":1,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1361\/revisions"}],"predecessor-version":[{"id":1363,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1361\/revisions\/1363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media\/1362"}],"wp:attachment":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media?parent=1361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/categories?post=1361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/tags?post=1361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}