Buzz Stocks: Hasbro, Inc., Morgan Stanley, and Netflix, Inc.

Today's stocks to watch in the news include Hasbro, Inc. (HAS), Morgan Stanley (MS), and Netflix, Inc. (NFLX)

by Kirra Fedyszyn

Published on Apr 18, 2016 at 9:44 AM
Updated on Jun 24, 2020 at 10:16 AM

U.S. stocks are lower this morning, as crude futures slide after a disappointment from Doha. Among equities in focus today are toymaker Hasbro, Inc. (NASDAQ:HAS), financial stock Morgan Stanley (NYSE:MS), and streaming video provider Netflix, Inc. (NASDAQ:NFLX).

  • MS is up 0.5% at $25.89, after reporting first-quarter earnings above analyst estimates. However -- similar to several of its sector peers -- Morgan Stanley saw its profit fall by 53% from the same period last year, due to slumping trading. Longer term, the shares are off 19% in 2016, and have been stuck trading in the $23.50-$26.50 range since late February. But option traders have been looking for a breakout -- the stock's 50-day call/put volume ratio at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) sits higher than 91% of the past year's readings, at 2.07.
  • NFLX is down 2.2% at $109.08, on news that Amazon.com, Inc. (NASDAQ:AMZN) will offer a standalone video streaming subscription service for $8.99 per month. Currently, AMZN offers video streaming only to members of its Amazon Prime service. Heading into today's trading, Netflix, Inc. had been on upswing that began in early February, up 39.4%. Like option traders, the brokerage bunch has been largely optimistic of late, with 15 out of 26 calling NFLX a "buy" or better. Elsewhere, the company is due to report first-quarter earnings after the close tonight.
Sign up now for Schaeffer's Opening View newsletter to get a head start on all the major pre-market news!

A Schaeffer's 39th Anniversary Exclusive!

8 Top Stock Picks for 2020

Access your FREE insider report before it's too late!


  
 
 

Partnercenter