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Top Midday Decliners

MT Newswires Live01:32

Netflix (NFLX) shares dropped 7.5%, a day after the company reported mixed fiscal Q2 results, with earnings beating consensus while sales missed, and Q3 guidance trailing market expectations.

Intraday volume topped 94.4 million shares, compared with the daily average of 41 million.

Intuitive Surgical's (ISRG) shares slumped 13% as growth in the company's da Vinci robotic surgery system in the US moderated amid changes in Affordable Care Act subsidies.

Volume topped 7.2 million shares, compared with the daily average of 2.6 million.

Synopsys (SNPS) plans to stop its production process control software suite for semiconductor manufacturers to redirect resources toward higher-margin AI design, Reuters reported.

The stock declined 8.6% with volume topping 2.84 million shares, compared with the daily average of 1.89 million.

Price: 68.78, Change: -5.57, Percent Change: -7.49

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