These are the stocks with notable moves after the market closed on July 18: Netflix — The streaming giant fell less than 1% after its second-quarter sales and profits beat expectations. Netflix reported earnings of $4.88 per share on revenue of $9.56 billion. Analysts surveyed by LSEG had expected $4.74 per share on revenue of $9.53 billion. The company had forecast third-quarter earnings to fall short of expectations, despite solid subscriber growth. Intuitive Surgical — The biotech stock surged more than 6% after reporting a better-than-expected second quarter. Intuitive Surgical reported adjusted earnings of $1.78 per share on revenue of $2.01 billion. Analysts surveyed by LSEG had expected earnings of $1.54 per share on revenue of $1.97 billion. PPG Industries — Shares of the paint company fell about 3% after the company’s third-quarter earnings guidance fell short of expectations. LSEG said PPG expects third-quarter adjusted earnings per share of $2.10 to $2.20, compared with analysts’ expectations of $2.28 per share. The company reported second-quarter adjusted earnings per share of $2.50, 2 cents above expectations. Plug Power — Shares of the green energy company fell 10% after the company announced plans to sell $200 million in stock. Plug Power shares are on track to flip to a fourth straight year of losses and are now trading below $3 per share. Western Alliance — Shares of the regional bank were near flat after the company reported second-quarter sales and profits that beat expectations. Western Alliance reported earnings per share of $1.75 on revenue of $772 million. Analysts surveyed by LSEG had expected $1.71 per share on revenue of $738 million.
CHOOSE LANGUAGE
SELECT LANGUAGE BELOW
