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Netflix shares sink amid report of sluggish start for ad tier, but one analyst says that’s no surprise

THE RATINGS GAME After a disappointing year for Netflix Inc., there had been some hope for its shares more recently. The company has big catalysts on the horizon, including its recently launched advertising-supported tier of service and a planned crackdown on password sharing that’s set to come next year. Read More...

Motley Fool

Why Western Digital Stock Crashed, and Intel and Qualcomm Followed Today

In early trading, shares of Western Digital (NASDAQ: WDC), a manufacturer of computer hard disk drives and solid state drives, plunged more than 10%. Worse, the damage seems to be spreading throughout the computer hardware industry, with shares of semiconductors specialist Intel (NASDAQ: INTC) tumbling 3.3%, and Qualcomm (NASDAQ: QCOM) following everyone else lower — down 3.8%. This morning, Goldman Sachs (NYSE: GS) downgraded Western Digital stock from neutral to sell and cut its price target 28% to just $31 a share.

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