Netflix Rises, Applovin Slumps, Intel Rises on Ratings Upgrade
On this episode of Stock Movers:- Netflix (NFLX) shares rise after the company reached an amended, all-cash agreement to buy Warner Bros. Discovery Inc.’s studio and streaming business. The changes are designed to expedite a sale and address claims by Paramount that its cash tender offer is superior.- Applovin (APP) shares slump underperforming tech peers after a negative research report by CapitalWatch. The stock was also weighed down by a broader tech selloff amid rising geopolitical tensions.- Intel (INTC) share rise after the company was was upgraded to hold from reduce at HSBC…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.