Netflix Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains

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Communication Services : Media | Small Cap Growth

Company profile

Innovid Corp. is an independent software platform that provides ad-serving and creative services for the creation, delivery, and measurement of television (TV) ads across connected TV (CTV), mobile TV and desktop TV environments to advertisers, publishers and media agencies. The Company serves various TV advertisers, including Anheuser-Busch InBev, CVS Pharmacy, Kellogg’s, Mercedes-Benz, Target, Sanofi and Volvo. It offers Ad serving solutions, including Campaign Submission Form, which is a Web-based portal used by clients to submit all advertising campaign information and creative assets; Campaign Management Tool, which is its platform portal for campaign implementation and management and Analytics Dashboard, which provides unified visualization of ad performance filterable by delivery, audience reach, device breakdown, viewability, verification and more. It also offers Adobe and Google Web Designer plug-ins to streamline ad creation and data feed mapping.

Netflix Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains

4:31 pm ET November 10, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Netflix Inc. (NFLX) advanced 7.98% to $274.97 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. Netflix Inc. closed $426.02 short of 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 Thursday, as Amazon.com Inc. (AMZN) rose 12.18% to $96.63, Walt Disney Co. (DIS) rose 4.28% to $90.46, and Comcast Corp. Cl A (CMCSA) rose 4.40% to $32.77. Trading volume (9.6 M) remained 3.1 million below its 50-day average volume of 12.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.

(END) Dow Jones Newswires

November 10, 2022 16:31 ET (21:31 GMT)