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Shares of Netflix Inc. (NFLX) rallied 8.75% to $305.53 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 3.09% to 4,080.11 and the Dow Jones Industrial Average rising 2.18% to 34,589.77. The stock's rise snapped a three-day losing streak. Netflix Inc. closed $348.99 below its 52-week high ($654.52), which the company achieved on December 1st.
The stock outperformed some of its competitors Wednesday, as Apple Inc. (AAPL) rose 4.86% to $148.03, Walt Disney Co. (DIS) rose 3.36% to $97.87, and Comcast Corp. Cl A (CMCSA) rose 3.27% to $36.64. Trading volume (15.8 M) eclipsed its 50-day average volume of 12.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 30, 2022.
(END) Dow Jones Newswires
November 30, 2022 16:32 ET (21:32 GMT)
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