Stocks making the biggest moves midday: Netflix, Morgan Stanley, IBM, Honeywell & more

Netflix – Shares of the streaming service rose 3.4% after Netflix reported mixed third-quarter earnings results, beating Wall Street’s expectation for earnings and international subscriber growth but just missing on both revenue and domestic subscriber growth. Even as the stock rose, Macquarie Research downgraded its rating of the streaming service to neutral from outperform, saying the company’s quarterly results were “comforting, but competition is coming.”