Netflix Inc. stock falls Monday, underperforms market
Shares of Netflix Inc.
shed 1.58% to $589.29 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.23% to 4,468.73 and the Dow Jones Industrial Average
rising 0.76% to 34,869.63. Netflix Inc. closed $26.31 short of its 52-week high ($615.60), which the company reached on September 8th.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc.
fell 0.35% to $3,457.17, Walt Disney Co.
rose 0.47% to $184.98, and Comcast Corp. Cl A
rose 1.13% to $59.97. Trading volume (3.0 M) remained 189,982 below its 50-day average volume of 3.2 M.