"Today's Top Stock Movers: 3M, Netflix, Verizon, and More"

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Source: Seeking Alpha
"Today's Top Stock Movers: 3M, Netflix, Verizon, and More"
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TL;DR Summary

U.S. stock index futures indicated a mixed open as investors focused on earnings reports. 3M's stock fell over 6% after its 2024 profit guidance missed estimates, while General Electric's weak Q1 2024 earnings outlook caused a 2% drop in its stock. Johnson & Johnson's shares fluctuated after the company beat Q4 2023 expectations and reaffirmed its 2024 guidance, while Verizon's stock climbed nearly 4% following better-than-expected Q4 2023 revenue. Netflix's stock rose ahead of its Q4 2023 results and announcement of a $5B+ deal to exclusively stream WWE Raw starting in 2025.

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