Markets

Netflix Inc. stock falls Wednesday, underperforms market

Shares of Netflix Inc.
NFLX,
-2.36%
slid 2.36% to $424.45 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-0.52%
falling 0.52% to 4,365.69 and Dow Jones Industrial Average
DJIA,
-0.30%
falling 0.30% to 33,951.52.

Netflix Inc. closed $24.20 short of its 52-week high ($448.65), which the company reached on June 15th.

The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc.
AAPL,
-0.57%
fell 0.57% to $183.96, Walt Disney Co.
DIS,
-1.24%
fell 1.24% to $88.64, and Comcast Corp. Cl A
CMCSA,
-0.05%
fell 0.05% to $40.62.

Trading volume (5.1 M) remained 2.1 million below its 50-day average volume of 7.2 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.

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