Connect with us

Hi, what are you looking for?

Markets

Netflix Inc. stock falls Friday, underperforms market

Shares of Netflix Inc.
NFLX,
-0.66%
shed 0.66% to $400.47 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+1.45%
rising 1.45% to 4,282.37 and the Dow Jones Industrial Average
DJIA,
+2.12%
rising 2.12% to 33,762.76.

The stock’s fall snapped a four-day winning streak.

Netflix Inc. closed $7.05 short of its 52-week high ($407.52), which the company reached on June 1st.

The stock underperformed when compared to some of its competitors Friday, as Apple Inc.
AAPL,
+0.48%
rose 0.48% to $180.95, Walt Disney Co.
DIS,
+2.46%
rose 2.46% to $90.77, and Comcast Corp. Cl A
CMCSA,
+0.38%
rose 0.38% to $39.19.

Trading volume (5.9 M) remained 1.1 million below its 50-day average volume of 7.0 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

News

This article was written by Follow Some tickers are covered more than others on the site, so with The Undercovered Dozen our Editors highlight...

Videos

Watch full video on YouTube