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Netflix Inc. stock outperforms market despite losses on the day

Shares of Netflix Inc.
NFLX,
-0.08%
shed 0.08% to $438.62 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.20%
rising 0.20% to 35,630.68 and the S&P 500 Index
SPX,
-0.27%
falling 0.27% to 4,576.73.

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

Netflix Inc. closed $46.38 below its 52-week high ($485.00), which the company reached on July 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc.
AAPL,
-0.43%
fell 0.43% to $195.61, Walt Disney Co.
DIS,
+0.16%
rose 0.16% to $89.03, and Comcast Corp. Cl A
CMCSA,
+0.11%
rose 0.11% to $45.31.

Trading volume (5.7 M) remained 2.0 million below its 50-day average volume of 7.7 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

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