DJ Netflix Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Netflix Inc. $(NFLX)$ slumped 0.43% to $631.37 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.11% to 5,459.10 and the Dow Jones Industrial Average rising 1.64% to 40,589.34.
This was the stock's fourth consecutive day of losses.
Netflix Inc. closed $66.12 below its 52-week high ($697.49), which the company achieved on July 5th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. $(AAPL)$ rose 0.22% to $217.96, Walt Disney Co. $(DIS)$ rose 0.81% to $89.93, and Comcast Corp. Cl A $(CMCSA)$ rose 3.79% to $39.69.
Trading volume (3.1 M) remained 202,127 below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2024.
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(END) Dow Jones Newswires
July 26, 2024 16:31 ET (20:31 GMT)
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