Netflix Inc. Stock Falls Thursday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Netflix Inc. (NFLX) shed 3.35% to $519.20 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. This was the stock's second consecutive day of losses. Netflix Inc. closed $181.79 short of 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 2.42% to $3,224.28, Walt Disney Co. (DIS) fell 1.50% to $155.44, and Comcast Corp. Cl A (CMCSA) rose 0.65% to $51.28. Trading volume (4.3 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
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(END) Dow Jones Newswires
January 13, 2022 16:31 ET (21:31 GMT)
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