La-Z-Boy surges on earnings beat, Lionsgate falls as Netflix denies acquisition interest

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Summary · why it matters

La-Z-Boy shares jumped 14.8% after the company reported fourth-quarter 2026 earnings of $1.26 per share, surpassing the Zacks Consensus Estimate of $0.82 per share. Lionsgate Studios shares declined 6.2% after Netflix denied reports that it was interested in acquiring the media company. Oracle shares fell 2.6% following reports that Microsoft had ended negotiations for a potential $3 billion cloud infrastructure deal. Take-Two Interactive Software shares edged down 0.8% amid a broader decline in the communication services sector.

Lionsgate Studios Holding Corp. ▼

La-Z-Boy Incorporated ▲

Oracle Corporation ▼

Impact on stocks 6

Communication Services▼ · 3 stocks

Lionsgate Studios Holding Corp.

▼ NegativeCapitalrelevance

Netflix denied acquisition interest, causing stock decline.

Mentioned

Take-Two Interactive Software Inc

Mentioned

Consumer Discretionary▲ · 1 stocks

La-Z-Boy Incorporated

▲ PositiveCapitalrelevance

Reported Q4 earnings of $1.26 per share, beating estimates of $0.82.

Cloud & Digital Infrastructure▼ · 1 stocks

Oracle Corporation

▼ NegativeCapitalrelevance

Microsoft ended negotiations for a potential $3 billion cloud infrastructure deal.

Artificial Intelligence▲ · 1 stocks

Microsoft Corporation

Mentioned