Stock Market News Recap
Top Stories in Extended Trading
Check out the latest updates from the stock market:
Netflix Surpasses 300 Million Members
Netflix’s stock soared over 13% as the streaming giant announced it has surpassed 300 million paid memberships. The company also exceeded fourth-quarter expectations and raised its revenue forecast for 2025.
United Airlines Beats Expectations
Shares of United Airlines jumped more than 3% after the airline operator reported better-than-expected fourth-quarter results. United Airlines posted adjusted earnings of $3.26 per share on revenues of $14.70 billion, surpassing analyst forecasts.
Interactive Brokers Group Posts Strong Results
Interactive Brokers Group saw a 3% increase in its stock price after reporting better-than-expected fourth-quarter results. The brokerage reported adjusted earnings of $2.03 per share on revenues of $1.42 billion, beating analyst expectations.
Seagate Technology Exceeds Expectations
Shares of Seagate Technology gained 1% after the company announced second-quarter results that exceeded expectations. Seagate reported adjusted earnings of $2.03 per share on revenues of $2.33 billion, outperforming analyst forecasts.
Capital One Financial Misses Revenue Forecast
Capital One Financial’s stock dipped 0.5% after the company missed fourth-quarter revenue expectations. Despite this, the company reported adjusted earnings of $3.09 per share, surpassing anticipated earnings per share.