Markets

Netflix Inc. stock outperforms market on strong trading day

Shares of Netflix Inc.
NFLX,
+2.77%
rallied 2.77% to $435.73 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.69%
rising 0.69% to 4,369.01 and the Dow Jones Industrial Average
DJIA,
+0.43%
rising 0.43% to 34,212.12.

This was the stock’s fifth consecutive day of gains.

Netflix Inc. hit a new 52-week high, surpassing its previous peak of $425.90, which the company reached on June 9th.

The stock outperformed some of its competitors Tuesday, as Apple Inc.
AAPL,
-0.26%
fell 0.26% to $183.31, Walt Disney Co.
DIS,
+0.76%
rose 0.76% to $93.85, and Comcast Corp. Cl A
CMCSA,
-0.02%
fell 0.02% to $40.68.

Trading volume (7.8 M) eclipsed its 50-day average volume of 6.9 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

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Your email address will not be published.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 Donovan Jones is a research specialist with 15 years of experience identifying opportunities for IPOs and public software...

News

This article was written by Follow MarketGauge was founded 25 ago years by successful floor traders turned hedge fund managers. Their experts have over...

Copyright © 2023 Repay Down. All Rights Reserved.

Exit mobile version