Investors need to retune on Netflix

It was a good week for Netflix as its stock jumped by almost 10% after it released its third quarter results, but the company’s business model and overvalued stock makes it seem like a bubble trade.

  • By Nigel Owen, Sam Kerr
  • 18 Oct 2018

The stock had dropped off a little from the initial boost on Wednesday morning, down 6% from its post-results trading spike. But the tech firm still trades at a multiple of 124 times its earnings.

By comparison, Bank of America Merrill Lynch trades around 13.6 times earnings, ...

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All International Bonds

Rank Lead Manager Amount $b No of issues Share %
  • Last updated
  • Today
1 JPMorgan 330.95 1510 8.45%
2 Citi 304.72 1301 7.78%
3 Bank of America Merrill Lynch 260.15 1094 6.64%
4 Barclays 236.21 972 6.03%
5 HSBC 192.93 1066 4.93%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $b No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 38.62 175 7.25%
2 Credit Agricole CIB 36.89 155 6.92%
3 JPMorgan 29.35 74 5.51%
4 Bank of America Merrill Lynch 24.91 70 4.68%
5 UniCredit 24.62 134 4.62%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $b No of issues Share %
  • Last updated
  • Today
1 JPMorgan 9.98 67 9.68%
2 Morgan Stanley 9.41 44 9.13%
3 Goldman Sachs 8.72 45 8.46%
4 Citi 6.91 54 6.70%
5 UBS 5.28 29 5.12%