Stocks to Watch: Netflix, IBM, United Continental, Lam Research
October 17 2018 - 7:06AM
Dow Jones News
By Jessica Menton
Here are some of the companies with shares expected to trade
actively in Wednesday's session. Stock movements reflect premarket
trading. Check back when the market opens for an updated list.
Netflix: The video-streaming giant topped growth expectations in
the third quarter, adding 6.96 million subscribers in the period,
up from its forecast of 5 million.
IBM: The technology company missed revenue estimates in the most
recent quarter, its first sales decline following three consecutive
quarters of growth.
United Continental: The third-largest U.S. carrier by traffic
boosted its profit outlook for the year, as higher fares and cost
cuts offset surging fuel prices in the period ended Sept. 30.
Lam Research: The chip-equipment maker forecast
better-than-expected sales for the final three months of the year,
with the midpoint of its revenue outlook at $2.5 billion.
This is a version of the "Stocks to Watch" section of our
Markets newsletter. To receive it every morning via email, click
here.
(END) Dow Jones Newswires
October 17, 2018 06:51 ET (10:51 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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