|Bid||0.00 x 1100|
|Ask||0.00 x 1400|
|Day's Range||10.32 - 10.44|
|52 Week Range||9.94 - 16.69|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-33.58%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||0.86%|
As one of the vaunted FAANG (Facebook, Amazon, Apple, Netflix, Google) stocks, Netflix is subject to competition from one of its peers, but the online streaming giant is looking to up the ante in order to fend off the opposition. Netflix investors are decidedly nervous as companies like Apple, Disney and Amazon are looking to bolster their streaming businesses. Shares of Netflix have been climbing 10% higher the past two weeks, but the competition could threaten the rally.
Just like gamblers following the smart money, when factor investors want to know where the money is flowing and going, they look to momentum. It can be a key indicator of which exchange-traded funds (ETFs) can get a boost from increased activity—right now, Apple and Netflix are in the spotlight. “Momentum crowd money flows are extremely positive in Apple’s shares,” wrote MarketWatch analyst Nigan Arora.
The stock market bulls have been marching ahead this year on trade optimism and cheap money flows. We have highlighted the best and worst zones so far this year.
Wall Street analysts are warning investors that disappointment could be forthcoming with streaming media giant Netflix when it comes time to report their third-quarter earnings. Per a CNBC report, analysts are “have begun expressing doubts about Netflix and warning the company’s coming quarterly earnings may disappoint yet again, just after the stock turned negative for the year. Pivotal Research Group cut its price target on Netflix shares by nearly a third on Tuesday, to $350 from $515.
Following its second-quarter earnings report, shares of Netflix were down as much as 11 percent after the online streaming company only added 2.7 million subscribers, which was almost half of the 5 million that analysts were expecting. Speaking on its fall in subscribership, Netflix cited the entrance of new competitors to the streaming space with Apple and Disney joining the fray.
Shares of Netflix were down as much as 11 percent after the online streaming company only added 2.7 million subscribers, which was almost half of the 5 million that Wall Street analysts were expecting. During its first-quarter earnings report, Netflix did address the entrance of new competitors to the streaming space with Apple and Disney joining the fray.
A group of attorneys general from 10 U.S. states filed a federal lawsuit on Tuesday in a bid to block a proposed merger between the wireless carriers T-Mobile and Sprint, a $26 billion deal that has yet to receive the Justice Department’s approval. The lawsuit, led by Letitia James of New York and Xavier Becerra of California, argues that free market competition will deteriorate and consumer prices will increase if the companies combine. Colorado, Connecticut, the District of Columbia, Maryland, Michigan, Mississippi, Virginia and Wisconsin joined the complaint, which was filed in Federal District Court in Manhattan.
Shares of Netflix were up as much as 2 percent at Wednesday’s open after the online streaming company bested Wall Street expectations on earnings, revenue and subscribership for the first quarter. First-quarter ...
The FANG stocks have rallied in epic fashion off the December lows, benefiting a slew of exchange traded funds (ETFs) along the way. One that is waiting to catch-up is the AdvisorShares New Tech and Media ETF (FNG) . Actively managed, FNG is trading modestly higher this year, but with more upside expected for FANG stocks and related fare, the fund could get going as 2019 moves along.
AdvisorShares, a leading sponsor of actively managed ETFs, announced that the AdvisorShares Sabretooth ETF (NYSEArca:BKCH) will begin trading today. It is managed by Sabretooth Advisors, a firm with deep expertise rooted in the ETF and capital market industries. Sabretooth also sub-advises the AdvisorShares New Tech and Media ETF (FNG) .
AdvisorShares, one of the largest issuers of actively managed exchange traded funds, is adding to its lineup with the debut of the AdvisorShares Sabretooth ETF (NASDAQ: BKCH). BKCH's investment thesis “holds that companies utilizing cloud computing and digital companies that implement emerging technology like blockchain may realize increased profitability and appreciation in stock prices over an extended time horizon,” according to AdvisorShares.
AdvisorShares has partnered up with Sabretooth Advisors, again, to launch an actively managed exchange traded fund strategy that will cover the growing industry of cloud computing and emerging technologies like blockchain. On Thursday, AdvisorShares and Sabretooth will roll out the AdvisorShares Sabretooth ETF (NYSEArca:BKCH) , which comes with a 0.85% expense ratio. Scott Freeze, chief investment officer at Sabretooth Advisors, will manage the new active ETF.
BETHESDA, Md., Feb. 6, 2019 /PRNewswire/ -- AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced that the AdvisorShares Sabretooth ETF (Ticker:Ticker::BKCH) will begin trading on February 7, 2019. BKCH is managed by Sabretooth Advisors, a firm with deep expertise rooted in the ETF and capital market industries. Sabretooth also sub-advises the AdvisorShares New Tech and Media ETF (FNG).