Company News for January 17, 2022
- Citigroup Inc. C shares fell 1.3% after the company’s fourth-quarter 2021 net profit fell 24% year-over-year.
- BlackRock Inc.’s BLK shares fell 2.2% after the company reported fourth-quarter 2021 revenue of $5.11 billion, missing Zacks’ consensus estimate of $5.21 billion.
- First Republic Bank FRC shares fell 4.2% after the company’s non-interest expense in the fourth quarter of 2021 jumped nearly 30% year-on-year to $866 million.
- Shares of Netflix Inc. NFLX rose 1.3% after the company raised monthly prices for its streaming service in the United States and Canada.
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