This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Netflix, Apple, Palo Alto Networks: Tech Winners & Losers

Updated with closing prices.

NEW YORK (TheStreet) -- Netflix (NFLX) shares tacked on 1.44% to $87.41 despite the company and its CEO Reed Hastings receiving a Wells notice from the Securities and Exchange Commission.

The government agency claims Hastings violated the Regulation Fair Disclosure, Section 13(a) of the Securities Exchange Act and Rules 13a-11 and 13a-15 by making comments on his Facebook (FB) account talking about usage figures.

Hastings then took to his Facebook account, saying he believes the company and himself will be vindicated. "We remain optimistic this can be cleared up quickly through the SEC's review process," Hastings wrote on his page.


Apple (AAPL) shares were off 1.55% to $538.77 after CEO Tim Cook gave his first public interview Thursday to NBC's Williams.

Cook discussed a multitude of topics, including what life is like as Apple's CEO, his relationship with former CEO Steve Jobs, some gaffes, and where Apple goes from here.

He mentioned that television is "an area of intense interest" for Apple, but that he wouldn't delve more into the company's notoriously secret plans. He also noted that Apple, along with partners, would be bringing some manufacturing back to the United States, as Apple brings its some of its Mac production home.


Palo Alto Networks (PANW) shares fell 3.47% to $49.52 after the company delivered a first-quarter earnings beat and second-quarter guidance.

The network security company reported non-GAAP earnings of 4 cents per share on $85.9 million. Analysts were looking for 3 cents per share and sales of $83.7 million.

On the company's conference call, Palo Alto issued second-quarter guidance. It expects to earn 4 cents a share on revenue between $90 million and $94 million. Analysts polled by Thomson Reuters now expect earnings of 4 cents per share on $92.93 million in revenue.

Interested in more on Palo Alto? See TheStreet Ratings' report card for this stock.

Closing prices: Netflix gives up 19 cents to end at $85.98; Apple dipped $13.99 to $533.25; Palo Alto Networks added 1 cent to $51.31.

-- Written by Chris Ciaccia in New York.

>Contact by Email.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,067.56 -30.89 -0.18%
S&P 500 2,002.28 -1.09 -0.05%
NASDAQ 4,598.1880 +17.9170 0.39%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs