Netflix Inc. Stock Falls Friday, Underperforms Market
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Shares of Netflix Inc. (NFLX) slid 1.12% to $360.77 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,070.56 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. This was the stock's second consecutive day of losses. Netflix Inc. closed $97.71 short of its 52-week high ($458.48), which the company achieved on February 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. (AAPL) rose 1.37% to $145.93, Walt Disney Co. (DIS) fell 0.15% to $109.54, and Comcast Corp. Cl A (CMCSA) fell 2.00% to $39.60. Trading volume (6.7 M) remained 3.1 million below its 50-day average volume of 9.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.
(END) Dow Jones Newswires
January 27, 2023 16:32 ET (21:32 GMT)
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