Netflix Inc. stock falls Thursday, underperforms market

By adminJuly 28, 2023 2:22 pm EDT0 ViewsNo Comments

Shares of Netflix Inc.
NFLX,
+2.99%
slipped 2.25% to $413.17 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
+0.97%
falling 0.64% to 4,537.41 and Dow Jones Industrial Average
DJIA,
+0.49%
falling 0.67% to 35,282.72.

This was the stock’s third consecutive day of losses.

Netflix Inc. closed $71.83 below its 52-week high ($485.00), which the company reached on July 19th.

The stock underperformed when compared to some of its competitors Thursday, as Apple Inc.
AAPL,
+1.49%
fell 0.66% to $193.22, Walt Disney Co.
DIS,
+0.87%
fell 0.58% to $85.36, and Comcast Corp. Cl A
CMCSA,
-0.43%
rose 5.69% to $45.35.

Trading volume (6.6 M) remained 1.3 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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