NEW YORK, NY / ACCESSWIRE / January 23, 2018 / It was a day of concern for Twitter traders on Monday after a WSJ report indicated that the company's chief operating officer Anthony Noto may be leaving the company to go head Social Finance. Shares closed down over 1.44%. Shares of Netflix climbed to a brand new high after the company revealed its subscriber growth in the last three months of the year was higher than expected by analysts.

RDI Initiates Coverage on:

Netflix, Inc.
http://www.rdinvesting.com/report/?ticker=NFLX

Twitter Inc.
http://www.rdinvesting.com/report/?ticker=TWTR

Netflix, Inc. shares closed up 3.23% on about 17.7 million shares traded on Monday. The streaming giant soared to a new high of $227.79 during intra-day trading and crossed the $100 billion market capitalization for the very first time. For the three months ended 2017, Netflix scored 2 million more subscribers than Wall Street had anticipated. From October through December, Netflix had 6.36 million subscribers in international markets sign up. This was ahead of the $5.1 million that analysts had been expecting according to FactSet. In the U.S. the company saw 1.98 million more customers sign up. In total, Netflix ended 2017 with 117.58 million subscribers across the world. For the quarter the company reported EPS of 41 cents, diluted, and revenue of $3.286 billion. Looking ahead, Netflix is expecting 6.35 million customer additions in Q1. Analysts are waiting for 5.01 million. Shares of Netflix gained almost 64% in last one year.

Access RDI's Netflix, Inc. Research Report at:
http://www.rdinvesting.com/report/?ticker=NFLX

Twitter, Inc. shares closed down 1.44% yesterday with a little over 23 million shares traded. Traders were concerned on Monday when the Wall Street Journal broke the news that the company's chief operating officer Anthony Noto may be leaving for Social Finance to become its chief executive officer. According to a source familiar with the situation, the decision on whether or not Noto is leaving will be known in the next few days. According to a note by Evercore ISI analysts, "It would be difficult for Twitter to find a replacement for Anthony Noto." The firm also said, "New leadership would compound challenges to the stock, should results deviate from the current narrative of rebounding growth." Twitter shares are up over 40% in the last year.

Access RDI's Twitter Inc. Research Report at:
http://www.rdinvesting.com/report/?ticker=TWTR

Our Actionable Research on Netflix, Inc. (NASDAQ: NFLX) and Twitter, Inc. (NYSE: TWTR) can be downloaded free of charge at Research Driven Investing.

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