Shares of Netflix Inc.
NFLX,
dropped 0.60% to $411.25 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
falling 1.43% to 4,186.77 and Dow Jones Industrial Average
DJIA,
falling 0.32% to 33,035.93.
The stock’s fall snapped a two-day winning streak.
Netflix Inc. closed $73.75 short of its 52-week high ($485.00), which the company reached on July 19th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Apple Inc.
AAPL,
fell 1.35% to $171.10, Walt Disney Co.
DIS,
fell 2.39% to $80.59, and Comcast Corp. Cl A
CMCSA,
fell 1.63% to $42.75.
Trading volume (6.2 M) eclipsed its 50-day average volume of 5.9 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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