DJ Netflix Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Netflix Inc. $(NFLX)$ shed 1.05% to $635.99 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.31% to 5,427.13 and Dow Jones Industrial Average falling 1.25% to 39,853.87.
This was the stock's second consecutive day of losses.
Netflix Inc. closed $61.50 below its 52-week high ($697.49), which the company reached on July 5th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 2.88% to $218.54, Walt Disney Co. $(DIS)$ fell 1.25% to $89.80, and Comcast Corp. Cl A $(CMCSA)$ fell 1.09% to $38.09.
Trading volume (4.8 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2024.
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(END) Dow Jones Newswires
July 24, 2024 16:31 ET (20:31 GMT)
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