In this report: Netflix (NASDAQ:NFLX), Jive Software (NASDAQ:JIVE) and Dupont (NYSE:DD).
Netflix (NASDAQ:NFLX) shares sank by more than 6 percent during Monday’s trading session on fear that the company will released a weaker than expected outlook when it reports its fourth quarter financials on Wednesday. It does no take much to spook Netflix investors these days and Wedbush Securities analyst Michael Pachter did just that on Monday. He stated that he expects Netflix will report a first quarter loss of 62 cents per share, much wider than the 29 cents per share loss that analysts on average have predicted. Netflix closed at $93.96 per share on Monday.
Jive Software (NASDAQ:JIVE) closed 4.6 percent lower on Monday to close at $14.54 per share. The recently listed company received a number of rating initiations. Goldman Sachs rated the company as ‘Neutral’, Wells Fargo ‘Market Perform’, Citigroup ‘Buy’, Morgan Stanley ‘Overweight’, Barclays Capital ‘Overweight’, BMO Capital ‘Overweight’.
Dupont (NYSE:DD) traded fairy flat on Monday before closing slightly lower at $49.35. The chemical maker posted a first quarter dividend of 41 cents per share, The unchanged dividend will be payable on March 14th to shareholder on record as of February 15th.
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