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Shares of Netflix Inc. (NFLX) shed 2.60% to $387.15 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,410.13 and the Dow Jones Industrial Average rising 0.29% to 34,364.50. This was the stock's third consecutive day of losses. Netflix Inc. closed $313.84 below its 52-week high ($700.99), which the company reached on November 17th.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. (AMZN) rose 1.33% to $2,890.88, Walt Disney Co. (DIS) rose 0.06% to $137.46, and Comcast Corp. Cl A (CMCSA) rose 0.68% to $50.07. Trading volume (32.3 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2022.
(END) Dow Jones Newswires
January 24, 2022 16:32 ET (21:32 GMT)
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