Netflix pops, Lockheed F-35 deal reportedly close, Coca-Cola gets downgraded

Here are some of the stocks the Yahoo Finance team will be watching for you today.

Netflix (NFLX) shares soared in early trading after the streaming giant reported the biggest jump in subscriber growth in its history. Netflix added more than 7 million customers in the fourth quarter, fueled by better-than-expected growth in international markets. Earnings and revenue also beat Wall Street expectations

Lockheed Martin (LMT) shares were slightly higher this morning after Reuters reported that the defense contractor is close to a $9 billion deal with the Pentagon to supply the agency with F-35 fighter jets. That would bring the price of each F-35 below $100 million for the first time, according to Reuters. This comes after sharp criticism from President-elect Trump about the cost of the program, specifically the price per jet.

CSX (CSX) shares soared ahead of the open following reports that the former Canadian Pacific CEO Hunter Harrison is teaming up with activists to shake up the railroad company.

Coca-Cola (KO) shares are in focus after Wells Fargo downgraded the stock to market perform from outperform. The firm cited both structural and macroeconomic headwinds among other factors for the call.

Exxon Mobil (XOM) is also getting hit with a downgrade. UBS lowered the oil giant’s stock to sell from neutral, pointing to the company’s sub-par metrics and its expensive valuation.