Stock Market Analysis Today – Netflix Inc. stock falls Thursday, underperforms market
Shares of Netflix Inc.
NFLX,
slipped 1.36% to $500.86 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.38% to 3,795.54 and Dow Jones Industrial Average
DJIA,
falling 0.22% to 30,991.52. Netflix Inc. closed $74.51 below its 52-week high ($575.37), which the company achieved on July 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Amazon.com Inc.
AMZN,
fell 1.21% to $3,127.47, Walt Disney Co.
DIS,
fell 1.53% to $173.43, and Comcast Corp. Cl A
CMCSA,
fell 1.16% to $49.58. Trading volume (4.1 M) eclipsed its 50-day average volume of 4.0 M.
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Stock Market Analysis Today – Netflix Inc. stock falls Thursday, underperforms market