Netflix Inc. stock rises Friday, outperforms market
Shares of Netflix Inc.
inched 0.49% higher to $589.35 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.91% to 4,432.99 and Dow Jones Industrial Average
falling 0.48% to 34,584.88. This was the stock’s third consecutive day of gains. Netflix Inc. closed $26.25 short of its 52-week high ($615.60), which the company reached on September 8th.
The stock outperformed some of its competitors Friday, as Amazon.com Inc.
fell 0.74% to $3,462.52, Walt Disney Co.
rose 0.07% to $183.47, and Comcast Corp. Cl A
fell 0.30% to $57.11. Trading volume (4.0 M) eclipsed its 50-day average volume of 3.2 M.