Netflix Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Netflix Inc. (NFLX) shed 1.35% to $306.02 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. The stock's fall snapped a four-day winning streak. Netflix Inc. closed $394.97 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 Wednesday, as Amazon.com Inc. (AMZN) fell 1.84% to $97.12, Walt Disney Co. (DIS) fell 1.63% to $93.95, and Comcast Corp. Cl A (CMCSA) fell 0.88% to $33.98. Trading volume (8.0 M) remained 5.1 million below its 50-day average volume of 13.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 16:31 ET (21:31 GMT)
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