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Netflix, Tesla and Meta may show the outlook counting more than the quarter

Netflix beat third-quarter earnings estimates, but its shares fell 6% in premarket trading Wednesday after its fourth-quarter revenue outlook missed estimates, Yahoo Finance reported. Meta reported a revenue beat and strong guidance, and its shares were up 0.74% before Thursday’s opening bell, while Tesla shares were 4.59% lower, CNBC reported. Read together, they may show the outlook counting more than the quarter, though our archive gives more than one possible reason for Thursday’s premarket selling.

  • Theory - analysis