Netflix Inc. Stock Slips 5.3%, Underperforms Peers

Dow Jones10-22 04:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Netflix Inc. slipped 5.3% to $65.04 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,757.17 and the Dow Jones Industrial Average rising 0.7% to 52,856.09.

This was the stock's fourth consecutive day of losses.

Netflix Inc. closed 47.9% below its 52-week high of $124.86, which the company achieved on October 21st.

The stock underperformed when compared to some of its peers, as Apple Inc. rose 1.3% to $343.99, Walt Disney Co. rose 0.1% to $111.83, and Comcast Corp. Cl A fell 1.25% to $22.08.

Trading volume totaled 100.7 million, compared to the 50-day average of 33.3 million.

Data source: Dow Jones Market Data, FactSet

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