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A Facebook post back in July leads to a Wells notice for the CEO of Netflix. Michael Pachter, Wedbush Securities, weighs in.
As CEOs communicate with consumers and investors on Facebook, Twitter, and LinkedIn in growing numbers, it seems inevitable that the SEC would question whether commentary in social media counts as a public disclosure.
Check out companies that are making moving after the bell Thursday:
Here's what's moving Thursday midday:
The FMHR traders discuss where Netflix could be headed longer-term, amid its recent boost from its deal with Disney; and CNBC's Mary Thompson reports Yum Brands is on the move after its CEO says he is "very confident" in restaurant sales in China for next year.
Market musings with CNBC Market Guru Robert Hum.
Here are the "Fast Money" traders' first moves for tomorrow.
Yesterday, Netflix shares jumped 14% on news that the company has struck a deal with Disney to stream Disney, Pixar, and Marvel movies beginning in 2016.
Disney and Netflix are in a content-streaming deal, with CNBC's Julia Boorstin.
Take a look at some of Wednesday's midday movers:
Pandora's not dead, but, you either need to trade it or own it for another one to three years. TheStreet.com reports.
Facebook To Be Added to Nasdaq 100, Big Lots Chief Probed by SEC, Netflix Scores Massive Disney Deal, Clerks Bring L.A. Port to a Halt, Pandora CEO Blames Advertiser Caution, Fiscal Cliff for Downbeat Guidance.
Netflix shares rallied Tuesday, but investors shouldn't be so quick to jump in CNBC's "Fast Money" pros say.
Stocks finished slightly lower across the board Tuesday after wavering in a narrow range for most of the session as investors remained cautious amid the ongoing "fiscal cliff" discussions in Washington.
Check out which companies are making headlines after the bell Tuesday:
Netflix shares skyrocketed on Tuesday after the streaming video service announced it scored an exclusive deal with Disney.
The deal between Netflix and Disney does not kick in until 2016, but Netflix's stock is on fire today. Porter Bibb, MediaTech Capital Partners; Jay Yarrow, Business Insider; and CNBC's Julia Boorstin, provide perspective.
Netflix has scored big movie rights with Disney. CNCB's Julia Boorstin reports the details.
Netflix will be the exclusive U.S. subscription TV service for Disney's first-run content, reports CNBC's Julia Boorstin.