Netflix Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Netflix Inc. (NFLX) shed 0.39% to $610.71 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 36,398.21 and the S&P 500 Index falling 0.10% to 4,786.35. This was the stock's third consecutive day of losses. Netflix Inc. closed $90.28 short of its 52-week high ($700.99), which the company achieved on November 17th.
The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) rose 0.58% to $3,413.22, Walt Disney Co. (DIS) rose 1.57% to $155.20, and Comcast Corp. Cl A (CMCSA) rose 0.08% to $50.51. Trading volume (1.8 M) remained 1.6 million below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2021.
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December 28, 2021 16:31 ET (21:31 GMT)
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