Premarket Stock Movements: Netflix, Oracle, Affirm and Others React to Earnings and Analyst Ratings
Netflix shares fell 10% premarket due to lower-than-expected earnings guidance and the departure of co-founder Reed Hastings. Oracle rose 2% in premarket trading, continuing its strong performance for the week. Affirm gained over 3% after being named a top pick by Morgan Stanley. Other notable moves included declines for Alcoa and Albemarle, and gains in software stocks like Salesforce and Adobe.
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Topics: Analyst Ratings Company Guidance Earnings Miss Market Trends Stock Price Movement