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NXT Nextracker Inc

56.90
5.58 (10.87%)
25 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nextracker Inc NASDAQ:NXT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  5.58 10.87% 56.90 56.72 57.50 56.94 51.364 52.27 5,391,305 01:00:00

Stocks to Watch: Netflix, Nextracker, Near Intelligence

09/12/2023 12:22am

Dow Jones News


Nextracker (NASDAQ:NXT)
Historical Stock Chart


From Nov 2023 to May 2024

Click Here for more Nextracker Charts.

By Ben Glickman

 

Netflix approved compensation programs for co-chief executives Ted Sarandos and Greg Peters, with each having target compensation of $40 million. Netflix said in a regulatory filing that it would no longer allow executives to choose how much of their compensation was paid in cash and stock options.

Nextracker Chief Executive disclosed Friday that he recently purchased nearly 38,000 shares of the company at an average price of $39.63. The stock purchase has a total value of about $1.5 million. Shares rise 4.6% to $41.75 after-hours.

Near Intelligence voluntarily filed for Chapter 11 bankruptcy protections and will look to sell its assets. The company debuted on the Nasdaq earlier this year after combining with a special-purpose acquisition company. Shares fall 38% to 9 cents after-hours.

 

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

December 08, 2023 19:07 ET (00:07 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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