Netflix Inc. Stock Falls Monday, Underperforms Market
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Shares of Netflix Inc. (NFLX) slipped 1.02% to $285.05 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's fourth consecutive day of losses. Netflix Inc. closed $394.43 below its 52-week high ($679.48), which the company achieved on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Amazon.com Inc. (AMZN) fell 1.78% to $92.46, Walt Disney Co. (DIS) rose 6.30% to $97.58, and Comcast Corp. Cl A (CMCSA) fell 0.43% to $34.35. Trading volume (7.1 M) remained 6.1 million below its 50-day average volume of 13.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 16:31 ET (21:31 GMT)
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