Netflix Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Netflix Inc. (NFLX) advanced 1.68% to $291.50 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's second consecutive day of gains. Netflix Inc. closed $384.91 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 Wednesday, as Amazon.com Inc. (AMZN) rose 1.00% to $94.13, Walt Disney Co. (DIS) rose 2.78% to $98.88, and Comcast Corp. Cl A (CMCSA) rose 1.23% to $35.53. Trading volume (5.9 M) remained 7.3 million below its 50-day average volume of 13.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 16:31 ET (21:31 GMT)
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