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Netflix Shares Tumble; SpaceX Set to Wipe Out $1 Trillion; Yum! Brands' Taco Bell Outbreak
Published 3 months ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Netflix (NFLX) shares fell the most in more than four years after the company forecast a second consecutive quarter of slowing sales growth, contributing to investor anxiety about the streaming giant’s future.
- SpaceX (SPCX) shares tumbled on Friday, putting the rocket and artificial intelligence giant on track to wipe out more than $1 trillion in market value from its all-time high.
- US regulators traced a parasite outbreak that’s sickened thousands in Michigan and nearby states to shredded iceberg lettuce served at Taco Bell restaurants, identifying a single supplier as the apparent source.
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