Shares of Netflix Inc. NFLX, -3.40% shed 3.40% to $486.69 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.04% falling 1.04% to 4,188.43 and Dow Jones Industrial Average DJIA, -0.10% falling 0.10% to 34,742.82. The stock’s fall snapped a two-day winning streak. Netflix Inc. closed $106.60 short of its 52-week high ($593.29), which the company reached on January 20th.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. AMZN, -3.07% fell 3.07% to $3,190.49, Walt Disney Co. DIS, -0.29% fell 0.29% to $184.30, and Comcast Corp. Cl A CMCSA, -1.03% fell 1.03% to $57.51. Trading volume (5.1 M) eclipsed its 50-day average volume of 4.4 M.