Market Movers Today: MiMedx Group Inc (MDXG), Dean Foods Co (DF), NXT-ID Inc (NXTD), GTT Communications Inc (GTT), and More

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IRIDEX Corporation (NASDAQ:IRIX) (Benzinga)
IRIDEX Corporation fell 24.2 percent to $5.55. IRIDEX issued a voluntary recall of TruFocus LIO Premiere™ laser indirect ophthalmoscope.

Berkshire Hathaway Inc. (NYSE:BRK.A) (CNBC)
If Warren Buffett’s company can’t find other ways to deploy the $116 billion in cash it has lying around, it will consider returning some to shareholders. Just don’t expect it to be in the form of a dividend. In a letter to Berkshire Hathaway shareholders released over the weekend, Buffett revealed that the conglomerate has been having a difficult time finding bargains as market prices continue to increase. He told CNBC in an interview Monday that using the cash for share repurchases is not out of the question. “I’m fairly confident that we’ll find ways to deploy money,” he said on “Squawk Box.”

Netflix, Inc. (NASDAQ:NFLX) (Business Insider)
Netflix hit a record high above $295 a share Monday, giving the company a market cap of about $127 billion. Shares of the video-streaming company have gained momentum following a solid fourth-quarter earnings report and the announcement of a $300 million deal with “Glee “and “American Horror Story” producer Ryan Murphy. The company’s negative free cash flow also doesn’t seem to be a concern for investors as Netflix’s subscriber base and revenue growth continue to impress. Investors are expecting positive cash flow to come soon.

Mattel, Inc. (NASDAQ:MAT) (The Motley Fool)
What happened: Shares of Mattel, Inc. (NASDAQ:MAT) fell again Monday after the toy maker received several downgrades from analyst firms and credit reporting agencies. Among them were Fitch and Jefferies, which both lowered their view of the struggling toy company. As a result, Mattel shares were down 4% as of 11:53 a.m. EST, after trading down as much as 8.6% earlier in the day.

General Electric Company (NYSE:GE) (CNBC)
General Electric’s stock briefly fell below $14 in Monday trading as investors reacted to news late Friday that the U.S. Justice Department could take action in connection with alleged subprime mortgage violations. That update, which was made in a filing with the Securities and Exchange Commission, also provided details about the expected restatement of its 2016 and 2017 financial results. Based on this information, some suspect it will be very difficult for GE to reach its 2018 forecast.






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