Netflix debuted an ad-supported streaming plan last November in an attempt to add more subscribers

Analyst cites stock’s ‘material underperformance’ and the removal of a dividend-related overhang

Shares of PayPal Holdings Inc. PYPL, -0.38% dropped 0.38% to $75.19 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.53% rising 0.53% to 4,012.32 and the Dow Jones Industrial Average DJIA, +0.33% rising 0.33% to 33,153.91. The stock’s fall snapped a two-day winning streak. PayPal Holdings Inc. closed $47.73 below its 52-week high ($122.92), which the company reached on April 5th.

Nvidia stock surged 14% on upbeat earnings

Shares of Pfizer Inc. PFE, -0.75% slumped 0.75% to $42.38 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.16% falling 0.16% to 3,991.05 and Dow Jones Industrial Average DJIA, -0.26% falling 0.26% to 33,045.09. This was the stock’s second consecutive day of losses. Pfizer Inc. closed $13.94 short of its 52-week high ($56.32), which the company achieved on April 11th.

U.S. stocks finished mostly lower on Wednesday, with the S&P 500 logging its fourth consecutive loss as investors digested the minutes from the Federal Reserve’s most recent policy meeting, which showed a majority of central bank officials agreed on a 25-basis-point rate hike and underlined expectations for rates to continue to rise.

Shares of Enbridge Inc. ENB, -0.58% shed 0.58% to C$51.25 Wednesday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.29% falling 0.29% to 20,193.33.

‘We may be exiting the best S&P EPS era, but we are likely entering the best stock pickers market in our careers,’ BofA strategists say

Delaware lawsuit claims compensation deal was product of sham negotiations with directors who were not independent of Musk

Business leaders are more optimistic but still worry about a tight labor market and rising labor costs