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On Holdings New Partner; Netflix Analyst Downgrade | Stock Movers

Friday, September 18, 2026


On Holding signed footballer Kylian Mbappé as a partner to develop football products and represent the brand. Xenon Pharmaceuticals halted enrollment in a trial of azetukalner, a depression and bipolar disorder treatment, after studies showed adverse events. Wells Fargo downgraded Netflix to underweight, with analyst Steven Cahall stating that Netflix "has lacked big original series and it's showing" and that "breakout hits" are necessary for the stock to work again.

Original reporting: https://www.bloomberg.com/news/videos/2026-09-18/on-holdings-new-partner-netflix-analyst-downgrade-video

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