Stocks to Watch: Netflix, Nextracker, Near Intelligence
09 Décembre 2023 - 1:22AM
Dow Jones News
By Ben Glickman
Netflix approved compensation programs for co-chief executives
Ted Sarandos and Greg Peters, with each having target compensation
of $40 million. Netflix said in a regulatory filing that it would
no longer allow executives to choose how much of their compensation
was paid in cash and stock options.
Nextracker Chief Executive disclosed Friday that he recently
purchased nearly 38,000 shares of the company at an average price
of $39.63. The stock purchase has a total value of about $1.5
million. Shares rise 4.6% to $41.75 after-hours.
Near Intelligence voluntarily filed for Chapter 11 bankruptcy
protections and will look to sell its assets. The company debuted
on the Nasdaq earlier this year after combining with a
special-purpose acquisition company. Shares fall 38% to 9 cents
after-hours.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
December 08, 2023 19:07 ET (00:07 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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