Netflix saw a 6% increase in their stock after the streaming giant added 7.66 million net subscribers in the fourth quarter, surpassing the 4.57 million that was anticipated by StreetAccount.
Shares of Netflix Inc. (NFLX) have increased by 6.93%.
Goldman Sachs shares fell more than 7% after the bank reported its worst earnings miss in a decade.
Pfizer's shares may not rebound until the company resets its strategy in the wake of the pandemic, according to a downgrade by Wells Fargo on Monday. The bank lowered its rating on the pharmaceutical giant to equal weight from overweight, sending Pfizer shares 1.25% lower in premarket trading.
Wells Fargo reported lower profits on Friday, due to a recent settlement and the need to build up reserves amid a weakening economy. The stock recovered from earlier losses to trade 2% higher in Friday’s trading. The bank did well by increasing its assets and expanding its operations. It is now one of the largest banks in the world and is well-positioned to continue its growth.