Shares of Netflix Inc.
NFLX,
slid 2.99% to $431.96 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.37% to 4,409.59 and Dow Jones Industrial Average
DJIA,
falling 0.32% to 34,299.12.
The stock’s fall snapped a seven-day winning streak.
Netflix Inc. closed $16.69 below its 52-week high ($448.65), which the company reached on June 15th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc.
AAPL,
fell 0.59% to $184.92, Walt Disney Co.
DIS,
fell 1.74% to $91.32, and Comcast Corp. Cl A
CMCSA,
fell 0.65% to $41.20.
Trading volume (8.7 M) eclipsed its 50-day average volume of 7.1 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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