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Netflix Buyback; Honeywell Miss; Lockheed Lower
Published 1 week, 2 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Netflix (NFLX) shares are up in the premarket on plans to buy back another $25 billion in stock after a disappointing financial outlook sent shares of the streaming pioneer plunging.
- Honeywell (HON) shares are lower as it reported first-quarter sales that missed analysts’ estimates, while agreeing to sell its Warehouse and Workflow Solutions business for an undisclosed sum.
- Lockheed Matin (LMT) shares are lower after the military contractor reported net sales for the first quarter that missed the average analyst estimate. The company maintained full-year profit and revenue guidance.
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