Netflix Sinks on Disappointing Guidance, Schwab Revenue Misses, PepsiCo Rises
Today's biggest winners and losers in the stock market.On this episode of Stock Movers: - Netflix (NFLX) shares slid in postmarket trading on Thursday, after the streaming company forecast earnings per share for the second quarter that missed the average analyst estimate. Company Co-Founder and Chairman Reed Hastings separately announced plans to not stand for reelection to the board at their annual meeting in June.- Charles Schwab Corp (SCHW) reported first-quarter revenue that slightly missed estimates even as the brokerage continued to attract the wealth of retail investors amid…
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