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Shares of Netflix Inc. (NFLX) sank 0.84% to $258.60 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.96% to 3,806.80 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. This was the stock's eighth consecutive day of losses. Netflix Inc. closed $442.39 below 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) fell 0.49% to $90.53, Walt Disney Co. (DIS) rose 0.85% to $100.43, and Comcast Corp. Cl A (CMCSA) rose 1.94% to $31.60. Trading volume (7.9 M) remained 4.7 million below its 50-day average volume of 12.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 16:32 ET (21:32 GMT)
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