Netflix Inc. Stock Falls Wednesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Netflix Inc. (NFLX) slipped 3.34% to $254.66 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. Netflix Inc. closed $446.33 below its 52-week high ($700.99), which the company achieved on November 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) fell 4.27% to $86.14, Walt Disney Co. (DIS) fell 13.16% to $86.75, and Comcast Corp. Cl A (CMCSA) fell 1.60% to $31.39. Trading volume (7.2 M) remained 5.4 million below its 50-day average volume of 12.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.
(END) Dow Jones Newswires
November 09, 2022 16:31 ET (21:31 GMT)
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