Netflix Inc. Stock Falls Thursday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Netflix Inc. (NFLX) slid 2.51% to $553.29 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.10% to 4,696.05 and Dow Jones Industrial Average falling 0.47% to 36,236.47. This was the stock's fifth consecutive day of losses. Netflix Inc. closed $147.70 below its 52-week high ($700.99), which the company reached on November 17th.
The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc. (AMZN) fell 0.67% to $3,265.08, Walt Disney Co. (DIS) rose 1.10% to $156.90, and Comcast Corp. Cl A (CMCSA) rose 0.58% to $50.51. Trading volume (5.7 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2022.
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(END) Dow Jones Newswires
January 06, 2022 16:31 ET (21:31 GMT)
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