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Crypto Stocks Extend Gains; Netflix Gets First Sell Rating; Nucor Declines Most in 17 Months
Published 2 weeks, 3 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Cryptocurrency-linked stocks are rallying in premarket trading, set to extend gains, after US SEC greenlit digital versions of securities to start trading in the US.
- Netflix (NFLX) received its first bearish analyst rating in months on Friday, after Wells Fargo Securities downgraded the streaming-video company to underweight, citing concerns about user engagement.
- Nucor (NUE) shares fall after the steel producer’s third-quarter earnings-per-share forecast missed the average analyst estimate. Analysts note that the forecast might prove to be conservative.
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