Netflix Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Netflix Inc. (NFLX) shed 0.03% to $610.54 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.14% to 4,793.06 and the Dow Jones Industrial Average rising 0.25% to 36,488.63. This was the stock's fourth consecutive day of losses. Netflix Inc. closed $90.45 short of its 52-week high ($700.99), which the company reached on November 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) fell 0.86% to $3,384.02, Walt Disney Co. (DIS) fell 0.21% to $154.87, and Comcast Corp. Cl A (CMCSA) rose 0.16% to $50.59. Trading volume (1.3 M) remained 2.1 million below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2021.
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December 29, 2021 16:31 ET (21:31 GMT)
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