DJ Netflix Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Netflix Inc. $(NFLX)$ inched 0.78% higher to $909.05 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
This was the stock's second consecutive day of gains.
Netflix Inc. closed $32.70 below its 52-week high ($941.75), which the company reached on December 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. $(AAPL)$ rose 1.88% to $254.49, Walt Disney Co. $(DIS)$ rose 0.59% to $112.03, and Comcast Corp. Cl A $(CMCSA)$ rose 2.19% to $38.22.
Trading volume (4.5 M) eclipsed its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:31 ET (21:31 GMT)
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