Netflix Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Netflix Inc. (NFLX) inched 0.58% higher to $286.69 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. The stock's rise snapped a four-day losing streak. Netflix Inc. closed $389.72 below its 52-week high ($676.41), which the company achieved on November 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) rose 0.80% to $93.20, Walt Disney Co. (DIS) fell 1.40% to $96.21, and Comcast Corp. Cl A (CMCSA) rose 2.18% to $35.10. Trading volume (6.2 M) remained 7.1 million below its 50-day average volume of 13.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 16:31 ET (21:31 GMT)
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