By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Friday, July 17th. Please refresh for updates.
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Netflix (NASDAQ:NFLX) stock fell 8.2% after the streaming giant warned late Thursday that subscriber growth would slow substantially in the third quarter after adding more than 10 million subscribers in the three months to July, aided by the coronavirus lockdown.
- Royal Caribbean Cruises (NYSE:RCL) stock dropped 3.8%, Carnival (NYSE:CUK) fell 2.4% and Norwegian Cruise Line (NYSE:NCLH) off 2.9% after the Centers for Disease Control and Prevention extended its ban on passenger cruising from U.S. ports through to the end of September.
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Blackrock (NYSE:BLK) stock rose 1.1% after reporting strong second-quarter earnings, including $100 billion of quarterly total net inflows and $1.1 billion of share repurchases.
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Twitter (NYSE:TWTR) stock fell 0.5% amid the continuing fallout from this week’s cyber attack, disclosing late on Thursday that hackers targeted about 130 of its high-profile accounts.
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JB Hunt (NASDAQ:JBHT) stock climbed 3.2% after the trucking company reported better-than-expected earnings late Thursday, signaling a recovery in the transportation sector that was hit hard by the shutdowns.
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Lendingtree (NASDAQ:TREE) stock rose 4.5% after saying late Thursday it was raising its outlook for the quarter as low interest rates drove mortgage refinancing volumes.
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Tesla (NASDAQ:TSLA) stock rose 0.8% after Credit Suisse (SIX:CSGN) doubled its stock price target on the electric car maker to $1,400 from $700, while saying the stock now is "priced to perfection."
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Ebay (NASDAQ:EBAY) stock rose 0.6% after Reuters reported the e-commerce giant was close to selecting a buyer for its classified ads business, in a deal potentially worth up to $10 billion.