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Traders are loading up on bets against Netflix ahead of earnings

Original story at Business Insider• 10 mentions • 2 months ago

Business Insider 2 months ago

 
Netflix is set to report second-quarter earnings after the closing bell on Monday, and traders aren't taking any chances with the red-hot stock. Short interest — a measure of bets that share prices will drop — sits close to the highest level of the year ahead of the earnings announcement, according to data compiled by IHS Markit. The increased shorting activity is a natural reaction to a stock that's done as well as Netflix, which has surged 30% year-to-date. As part of the elite group known as FANG — along with Facebook, Amazon and Google — the company has been ...
 
 
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22 Jul
Business Ventures @Gates_Ventures
Top story: Traders are loading up on bets against Netflix ahead of earnings - B… https://t.co/iiVSGo6nuO, see more https://t.co/d3f9xveCnT
17 Jul
BI Chart of the Day @chartoftheday
Traders are loading up on bets against Netflix ahead of earnings https://t.co/xFOI3pCmfO https://t.co/ytALJNOmM8
17 Jul
baran yurdagul @baranyurdagul
Traders are loading up on bets against Netflix ahead of earnings https://t.co/gTVokFkPLz https://t.co/jog5xlrDpO
17 Jul
Finance News @financeprnews
Traders are loading up on bets against Netflix ahead of earnings (NFLX) https://t.co/NyYGryffRo #finance https://t.co/lw4nyzbDyO
17 Jul
Analytics News @analyticsprnews
Traders are loading up on bets against Netflix ahead of earnings (NFLX) https://t.co/1l0xJuqm2X #storystream https://t.co/Se5iYDXwJF
17 Jul
BISoftwareNews @BISoftwareNews
Traders are loading up on bets against Netflix ahead of earnings (NFLX) https://t.co/3NlYsNuYWh #bisoftware https://t.co/z5e5kfQBVZ
17 Jul
BI Tech @SAI
Traders are loading up on bets against Netflix ahead of earnings https://t.co/1cgYPyjJvt https://t.co/iNWKRgaRO9
17 Jul
BI Markets @themoneygame
Traders are loading up on bets against Netflix ahead of earnings https://t.co/lu9P8267Dk https://t.co/81aHHrUFbt
17 Jul
Finance Insider @clusterstock
Traders are loading up on bets against Netflix ahead of earnings https://t.co/yOXV4A94zS https://t.co/SGEwNUWvTN
17 Jul
Business Insider @businessinsider
Traders are loading up on bets against Netflix ahead of earnings https://t.co/ysw25Qdk8F https://t.co/HGUjwtHJ4H