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Netflix Gets First Sell Rating; Steel Dynamics Drops; Nvidia Invests Into Brookfield
Published 2 weeks, 4 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- 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.
- Steel Dynamics (STLD) shares drop after the company’s third-quarter earnings forecast missed analysts’ estimates. Analysts note that earnings for the metals-recycling business is expected to decline quarter-over-quarter.
- Nvidia (NVDA) has committed $2 billion to Brookfield Asset Management’s global artificial intelligence infrastructure fund, according to investor documents that revealed the size of a previously disclosed investment.
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