Netflix, Norwegian Cruise Line, Intuitive Surgical and more

A picture of a woman starting Netflix on a TV in her apartment.

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Consult the companies that make securities in the trading of lunch.

Netflix – The shares of the streaming giant fell by more than 6% after the company reported a large lack of subscribers, as the growing demand from the pandemic began to disappear. Netflix added 3.98 million net paid subscribers globally, compared to the expected 6.2 million, according to FactSet. The company also said it expects to add about 1 million subscribers in the current quarter, well below estimates.

Norwegian Cruise Line – The cruise line operator saw its stock increase by about 7% after Goldman Sachs updated the stock to buy from neutral. The Wall Street firm said its business mix and balance sheet put the company in a strong position relative to other major cruise players.

Intuitive surgery – the stock of medical devices increased by more than 8% after a stronger-than-expected ratio in the first quarter. Intuitive Surgical reported earnings of $ 3.52 per share, with revenues of $ 1.29 billion. Analysts surveyed by Refinitiv generated $ 2.63 per share and $ 1.1 billion in revenue. Procedures using the company’s da Vinci surgical systems have increased by 16% year-on-year.

CSX – The rail freight company CSX grew by almost 5%, despite analysts’ earnings expectations. CSX earned 93 cents a share, compared to 95 cents a share forecast on Wall Street, according to Refinitiv. Revenue reached $ 2.81 billion, above estimates of $ 2.78 billion.

Interactive brokers – The shares of the electronic broker increased by about 1% after exceeding the upper and lower lines of its quarterly earnings. Interactive Brokers reported earnings per share of 98 cents on revenue of $ 893 million, while analysts expected earnings per share of 91 cents on revenue of $ 737 million, according to Refinitiv. Client accounts increased by 74% compared to last quarter to 1.33 million, the broker said.

Tenet Healthcare – The hospital company’s shares rose more than 3% on Wednesday, after first-quarter results exceeded expectations, boosted by a jump in outpatient care revenues. The principle reported adjusted earnings per share of $ 1.30, with revenues of $ 4.78 billion. Analysts surveyed by Refinitiv expected 72% per share and revenue of $ 4.77 billion.

United Airlines – The air exchange returned by 1.8%, after falling on Tuesday by 8.5%. The initial loss came after the carrier reported its fifth consecutive quarterly loss and said business and international travel is still far from recovering. Deutsche Bank added a short-term call to buy over the airline’s shares and said it saw an “attractive” risk / reward.

Mattel – The toy company’s shares rose 1.3% after Berenberg updated the stock to a buy rating based on expected revenue growth. “After a few quarters of being overly cautious and with a better understanding of how Mattel can sustainably develop its key franchises, we are now loyal,” the company said in a note to customers. Berenberg expects the stock to reach $ 25, which is 22% above where the shares closed on Tuesday.

Welbilt – Welbilt shares rose nearly 40 percent after professional food equipment maker agreed to be bought by rival Middleby in a $ 4.3 billion default share transaction.

MetLife – The shares of the insurance company advanced by 2% after UBS initiated the coverage of the company with purchase rating. The company said MetLife’s “disintegration and implementation strategy” “allows for a continuous reduction in earnings volatility and enterprise complexity.” The company has a target of $ 72 per share, which is about 18% higher than the shares closed on Tuesday.

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– with reports from CNBC Yun Li, Jesse Pound and Pippa Stevens.

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