Netflix Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Netflix Inc. (NFLX) slid 1.98% to $326.22 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.20% to 3,990.97 and Dow Jones Industrial Average falling 1.14% to 33,910.85. The stock's fall snapped a two-day winning streak. Netflix Inc. closed $200.42 below its 52-week high ($526.64), which the company reached on January 20th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) rose 0.88% to $135.94, Walt Disney Co. (DIS) rose 0.51% to $99.91, and Comcast Corp. Cl A (CMCSA) rose 0.03% to $38.94. Trading volume (9.2 M) eclipsed its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 17, 2023.
(END) Dow Jones Newswires
January 17, 2023 16:32 ET (21:32 GMT)
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