By Gunjan Banerji
So far this earnings season, the average S&P 500 stock has swung by around 5.5% after reporting results-well above the roughly 3.9% move up or down anticipated by derivatives traders, according to Citi analysts.
Some of these big swings were on display in early trading Wednesday. Netflix shares soared more than 13% after its latest financial report impressed investors.
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(END) Dow Jones Newswires
January 22, 2025 10:04 ET (15:04 GMT)
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