Midday movers: Netflix, Intuitive Surgical, Western Alliance Bancorp and more

By Liz Moyer

Investing.com -- Stocks are wobbling on Wednesday after mixed earnings reports and rising Treasury yields. Here are the market movers for April 19.

• Netflix Inc (NASDAQ: NFLX) shares were down 4% after the streaming giant gave a disappointing outlook and said it would start its crackdown on password sharing in the U.S. in the current quarter, later than planned.


• Intuitive Surgical Inc (NASDAQ: ISRG) shares rose 11.9% after the maker of surgical robotics reported better than expected quarterly sales and earnings per share, while medical device maker Abbott Labs (NYSE: ABT) also rose 7.5% after better than expected results.


• Western Alliance Bancorporation (NYSE: WAL) shares jumped 20% after the regional bank said deposits had fallen 11% from the fourth quarter but were rebounding in the early days of April, adding $2 billion in deposits since the end of March.


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  Tesla Inc (NASDAQ: TSLA) shares were down 1.1% ahead of the electric vehicle maker's earnings report later today. Analysts are watching to see what Tesla's gross margins will be after several price cuts to its vehicles.

  
  


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  CDW Corp (NASDAQ: CDW) shares fell 13% after the information technology company offered guidance for $5.1B in quarterly revenue, below expectations, because of cautious business spending on IT. It said full-year earnings could come in below 2022.

  
  

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