Netflix Inc. Stock Falls Monday, Underperforms Market

TrustCo Bank Corp N Y

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Financials : Thrifts & Mortgage Finance | Small Cap Value

Company profile

TrustCo Bank Corp NY is a savings and loan holding company. The Company's principal subsidiary is Trustco Bank (the Bank). The Bank focuses on providing service to the communities served by its branch-banking network. It operates through community banking segment. The Company operates in the geographical region of Upstate New York with branches also in Florida and the mid-Hudson valley region of New York. The Bank's subsidiary, Trustco Realty Corp., is a real estate investment trust (REIT) formed to acquire, hold and manage real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. The Bank's trust department operates under the name, Trustco Financial Services, and serves as executor of estates and trustee of personal trusts, provides asset and wealth management services, and provides estate planning and related advice, provides custodial services.

Netflix Inc. Stock Falls Monday, Underperforms Market

4:31 pm ET January 3, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Netflix Inc. (NFLX) shed 0.84% to $597.37 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.64% to 4,796.56 and the Dow Jones Industrial Average rising 0.68% to 36,585.06. This was the stock's second consecutive day of losses. Netflix Inc. closed $103.62 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 Monday, as Amazon.com Inc. (AMZN) rose 2.21% to $3,408.09, Walt Disney Co. (DIS) rose 1.21% to $156.76, and Comcast Corp. Cl A (CMCSA) rose 0.81% to $50.74. Trading volume (3.0 M) remained 94,699 below its 50-day average volume of 3.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2022.

-MarketWatch Automation

(END) Dow Jones Newswires

January 03, 2022 16:31 ET (21:31 GMT)