|Day's range||43.59 - 43.77|
Spring is in the air, and investors are looking forward to turning the page after a rocky March. While stocks have recovered from a surprise banking crisis after Silicon Valley Bank and Signature Bank both failed, their collapses highlighted yet another risk investors are facing in the potential for more bank runs and elevated duration risk. April will bring the start of a new earnings season and, with it, the latest evidence of how corporate America is faring in a slowing economy.
As part of the restructuring, Netflix will combine its small and mid-sized picture productions units, cut a few jobs, scale back its output to ensure high quality titles and centralize decision-making, the report, which cited the company, said. Netflix, which won four Academy Awards for its "All Quiet on the Western Front", did not immediately respond to a Reuters request for comment. Lisa Nishimura, responsible for documentaries and smaller-budget films, and Ian Bricke, a vice president in the film group, will be leaving after more than a decade with the company, Bloomberg News said.
Netflix (NFLX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.