Netflix, Intuitive Surgical, and PPG Industries: Market Insights and Trends

After the market close on July 18 , several stocks showed significant movement . Netflix , the streaming giant , had a slight decrease of less than 1 % despite surpassing estimates for the second quarter . The company reported earnings of .88 per share on .56 billion of revenue , outperforming analysts ' expectations of .74 per share on .53 billion of revenue . However , Netflix did project softer revenue for the third quarter , despite strong membership growth.

Biotech stock , Intuitive Surgical , witnessed a more substantial increase , jumping over 6 % after reporting adjusted earnings of .78 per share on .01 billion of revenue for the second quarter . This performance exceeded analysts ' expectations of .54 per share on .97 billion of revenue.

On the other hand , PPG Industries experienced a decrease of about 3 % due to the company 's third - quarter earnings guidance falling below expectations . PPG stated that it anticipates adjusted earnings per share between .10 and .20 for the third quarter , compared to the .28 per share expected by analysts . Despite this , the company reported .50 in adjusted earnings per share for the second quarter , slightly ahead of estimates.

Another stock in the spotlight was Plug Power , a green energy firm , which saw a significant drop of 10 % following the announcement of a plan to sell 00 million of stock . The company 's stock has been on a downward trend and is currently trading below per share.

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