Netflix Drops, AtaiBeckley Jumps, Abbott Surges
Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers:- Netflix (NFLX) shares decline as much as 6.5% in post-market trading after the streaming service forecast earnings per share for the third quarter and guidance that missed the average analyst estimate.- Eli Lilly (LLY) agreed to buy AtaiBeckley (ATAI) for as much as $3.8 billion, underscoring growing interest from large drugmakers in psychedelic medicine. Lilly will pay $6.75 a share in cash plus as much as another $2.50 a share if drug-development milestones are met…
The skinny
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