DJ Netflix Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Netflix Inc. $(NFLX)$ slid 0.56% to $702.00 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.47% to 5,842.47 and the Dow Jones Industrial Average rising 0.79% to 43,077.70.
This was the stock's fourth consecutive day of losses.
Netflix Inc. closed $34.00 short of its 52-week high ($736.00), which the company achieved on October 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 0.89% to $231.78, Walt Disney Co. $(DIS)$ rose 2.69% to $96.75, and Comcast Corp. Cl A $(CMCSA)$ rose 0.33% to $42.25.
Trading volume (2.5 M) remained 279,274 below its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 16, 2024.
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October 16, 2024 16:31 ET (20:31 GMT)
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