Netflix Inc. stock outperforms market on strong trading day

By adminJuly 29, 2023 2:11 am EDT0 ViewsNo Comments

Shares of Netflix Inc.
NFLX,
+3.05%
rallied 3.05% to $425.78 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.99%
rising 0.99% to 4,582.23 and the Dow Jones Industrial Average
DJIA,
+0.50%
rising 0.50% to 35,459.29.

The stock’s rise snapped a three-day losing streak.

Netflix Inc. closed $59.22 short of its 52-week high ($485.00), which the company achieved on July 19th.

The stock outperformed some of its competitors Friday, as Apple Inc.
AAPL,
+1.35%
rose 1.35% to $195.83, Walt Disney Co.
DIS,
+0.90%
rose 0.90% to $86.13, and Comcast Corp. Cl A
CMCSA,
-0.26%
fell 0.26% to $45.23.

Trading volume (6.4 M) remained 1.5 million below its 50-day average volume of 7.9 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.

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