Streaming giant Netflix (NFLX) is up 15% so far in Thursday morning’s trading session after the company delivered solid third-quarter earnings, which featured a boost to both profitability and subscribers. We’ve talked about the company’s efforts to crack down on password sharing in the past and what it could mean for the streamer financially. [...]
Friday’s trading session was a frenzy for investors of US Cellular (USM), as the stock jumped more than 93% - from around $17/share to more than $33/share. That being said, it appears the hype has died down over the weekend. The stock is gradually headed back toward earth, down 4.5% so far this morning. [...]
Just a month ago after Netflix (NFLX) squashed password sharing, the stock got an upgrade and began rallying. But today, the streaming provider has taken a step backward after falling short of analyst estimates for the second quarter. Making matters worse, the company’s guidance for the 3rd quarter is below expectations, too. That being [...]
