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If ever there was a stock on Wall Street that confounded investors, it’s Netflix. Is the stock too hated?
Stocks ended a volatile day with strong gains Tuesday after taking a sharp nosedive in midday trading, following a false Twitter post of two explosions in the White House.
*Netflix shares surge after results. *Apple up nearly 5 percent after bell on earnings. NEW YORK, April 23- U.S. stocks climbed on Tuesday in a broad rally, recovering from sharp declines sparked by a "bogus" Associated Press tweet about explosions at the White House.
*Netflix shares surge after results. NEW YORK, April 23- U.S. stocks climbed on Tuesday in a broad rally, recovering from sharp declines sparked by a "bogus" Associated Press tweet about explosions at the White House. A false tweet by hackers of two explosions at the White House that injured U.S.
NEW YORK, April 23- Markets for stocks, bonds, oil and commodities were briefly roiled on Tuesday after a bogus report of explosions at the White House.
Fifty-four hedge funds pitched to hundreds of potential customers including fund of funds, endowments and pension funds as part of Goldman's 5th Annual Hedge Fund Symposium.
*Netflix is fourth-priciest stock in S&P 500 on P/E basis. April 23- Netflix investors may be cheering after a blowout quarter caused shares to surge on Tuesday, but the longer-term picture is cloudy as the stocks' valuation has reached a lofty level shared by few stocks.
Netflix shares up 25 pct. NEW YORK, April 23- U.S. stocks sharply cut gains before bouncing back on Tuesday following a "bogus" Associated Press report about explosions at the White House. High-frequency traders cancel their orders on even one little tweet, "said Dennis Dick, proprietary trader at Bright Trading LLC in Las Vegas."
The "Fast Money" traders take sides in the Netflix bull vs. bear debate.
The 'Fast Money' traders take sides in the Netflix debate between bull Mark Mahaney of RBC Capital Markets and bear Michael Pachter of Wedbush Securities.
Netflix is up 21 percent after posting a strong Q1. RBC's Mark Mahaney and Wedbush's Michael Pachter debate how to play the stock now.
The benefits of original content and better international profitability should continue to help Netflix stock say analysts.
*Netflix is fourth-priciest stock in S&P 500 on PE basis. April 23- Netflix Inc shares shot up 24 percent on Tuesday to their highest level since September 2011, after the movie streaming service said it added more than 2 million U.S. subscribers last quarter.
Richard Greenfield, BTIG analyst, discusses Netflix's blowout earnings and why he is sticking with his buy rating on the company and $250 price target on the stock.
NEW YORK, April 23- Global equity markets rose on Tuesday while the euro dipped to a two-week low against the dollar, after weak German data raised concerns about the health of the euro zone economy, strengthening the view among some investors that the European Central Bank will further ease its monetary policy.
*Netflix and Coach soar after results top forecasts. Gains were driven by corporate earnings, with Netflix Inc and Coach Inc the S&P 500' s top two percentage gainers. Netflix soared 23 percent to $214.37 while Coach was up 11 percent at $56.09.
Tony Wible, Janney Montgomery Scott analyst, takes a look at what's driving the streaming company's profits, and how to play it.
April 23- Shares of Netflix Inc shares are set to open 24 percent higher after the movie streaming service said it added more than two million U.S. subscribers in the last quarter, with analysts saying a push for exclusive content will boost margins in coming quarters.
U.S. stock index futures pointed to a lower open after dismal Chinese PMI data released early on Tuesday.
*Netflix and Texas Instruments rally on results. *DuPont and Travelers raise quarterly dividends. Nasdaq futures showed exceptional strength following results from Netflix and Texas Instruments, though positive indicators could be found across sectors, including a pair of Dow components.