Stocks fall short again 📉

The market failed to close higher for the fourth time this week.                                                                                                                                                                                                                                                                                                                                                                                                                 April 18, 2024 | [Read Online]( Stocks fall short again 📉 In partnership with Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Here’s what moved the market today. Markets 📈 The market just can't seem to snap out of its funk. Stocks fell for the fourth time this week on Thursday, although the Dow managed to post a thin gain. - DJIA [<0.1%] - S&P 500 [-0.2%] - Nasdaq [-0.5%] - Russell 2K [-0.1%] Get value stock insights free. PayPal, Disney, and Nike recently dropped 50-80%. Are they undervalued? Can they recover? Read Value Investor Daily to find out. We read hundreds of value stock ideas daily and send you the best. [Subscribe with one click.]( » Want an Ad-Free Experience + Top Growth Stock Picks? [Upgrade Now!]( Market-Moving News 🔎 🎬 Netflix Earnings Preview Netflix (NFLX) is set to release its latest earnings results after the market closes today. Analysts and investors are keenly awaiting the report, with consensus estimates from FactSet predicting significant figures: - Revenue: Expected at $9.28 billion - Net Income: Projected at $1.98 billion - Earnings Per Share (EPS): Forecasted at $4.51 - Paid Net Subscriber Additions: Anticipated to be around 5.1 million Strategic Developments 🔑 Investors are particularly interested in the ongoing effects of Netflix's recent crackdown on password sharing—a move that proved beneficial in the previous quarter. Additionally, the company's venture into the videogaming sector represents a strategic expansion of its entertainment portfolio, potentially diversifying its revenue streams and enhancing user engagement. Market Sentiment 📉 Ahead of the earnings release, Netflix shares have seen a slight decline of about 0.5% in recent trading. However, the stock has shown robust growth this year, with a 26% increase, significantly outperforming the S&P 500. This performance reflects strong market confidence in Netflix's business model and future prospects, despite a modest 1.1% uptick this month amid a broader market pullback. Looking Ahead 🚀 Today's earnings report will not only shed light on Netflix's financial health but also provide insights into the efficacy of its new policies and expansion strategies. As the streaming giant continues to innovate and adapt to changing market dynamics, stakeholders will be watching closely to gauge the sustainability of its growth trajectory and the potential long-term impacts of its strategic decisions on the competitive streaming landscape. Top Winners and Losers 🔥 AGBA Grp. [AGBA] $1.02 (+155.0%) agreed to a $4 billion merger deal with Triller Corp that will create a “leading one-stop financial supermarket” in Hong Kong. Expion360 [XPON] $3.15 (+63.2%) announced “substantial” preorders of its next-gen lithium batteries early this morning. Benitec Bio [BNTC] $6.82 (+42.0%) released positive clinical data from its Phase 1b/2a study of BB-301 for Oculopharyngeal Muscular Dystrophy (OPMD). WiSA Tech [WISA] $5.89 (36.3%) retreated after two days of big gains. Edible Gardens [EDBL] $4.58 (31.2%) pulled back after it announced upbeat earnings results that rallied the stock a day before. Lithium Americas [LAC] $4.66 (29.7%) announced a $275 million offering of its common stock priced at $5 per share. That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback from our members! Thanks for reading. I'll see you at the next open! Best Regards, — Adam G. Elite Trade Club Text ELITESTOCKS to 47121 or [click here]( to get our alerts on your mobile device, and never miss another fast-moving stock! P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP. [Sign Up for Mobile Alerts Now]( [Privacy Policy]( | [Advertiser Disclosure]( [tw]( [ig]( [yt]( [tk]( *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. 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