Facebook Inc (NASDAQ:FB) stock prices have silently reached an all-time high while Walgreen Company (NYSE:WAG) stocks pummeled in spite of the company’s good results. Netflix, Inc. (NASDAQ:NFLX) is another stock that is hot right now with news of the screening of its first feature in partnership with the Weinstein Company. CNBC’s Fast Money traders reported on these stocks that are making news on the channel’s Fast Money Halftime Report – Trader Blitz.
“This is one of the stocks that was responsible for a lot of the game that we have seen in the NASDAQ this year,” said Joshua Brown, Chief Executive Officer of Ritholtz Wealth Management, about Facebook Inc (NASDAQ:FB). He was positive on the stock and said that it kept the momentum going along with some new development cropping up all the time. The stock also received a nod from analysts after the success of some of the new apps that Facebook had released recently.
Scott Wapner reported that despite posting results that surpassed market estimates, Walgreen Company (NYSE:WAG)’s stocks seemed to be in the red. They had an inline quarter but the stock was down by 20% at the eve of actualizing the synergistic deal with European drug wholesaler Alliance Boots GmbH. The Illinois based drugstore chain’s stock showed activism with expectations on the lower side.
Pete Najarian believed that the Netflix, Inc. (NASDAQ:NFLX) – Weinstein Company deal was big news for the video streaming service provider as it was all about the content.
“They have got content, they have produced their own; now they have partner-shipped with some of the biggest in Hollywood, the Weinstein Company,” he explained.
He added that this will have a profound effect on Netflix’s stock which was seen to be moving a bit today in light of the deal.
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