Netflix Inc. stock falls Tuesday, underperforms market
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Shares of Netflix Inc. shed 5.04% to $179.60 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.01% to 3,821.55 and Dow Jones Industrial Average falling 1.56% to 30,946.99. This was the stock's second consecutive day of losses. Netflix Inc. closed $521.39 below its 52-week high ($700.99), which the company reached on November 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. fell 5.14% to $107.40, Walt Disney Co. fell 0.71% to $95.92, and Comcast Corp. Cl A fell 1.76% to $39.13. Trading volume (7.1 M) remained 8.6 million below its 50-day average volume of 15.7 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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