Netflix Inc. stock falls Tuesday, underperforms market

Netflix Inc. stock falls Tuesday, underperforms market

Shares of Netflix Inc. NFLX, -2.83% slipped 2.84% to $505.87 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -1.39% falling 1.40% to 3,360.97 and Dow Jones Industrial Average DJIA, -1.33% falling 1.34% to 27,772.76. Netflix Inc. closed $69.50 short of 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 Tuesday, as Amazon.com Inc. AMZN, -3.10% fell 3.10% to $3,099.96, Walt Disney Co. DIS, -1.97% fell 1.98% to $120.93, and Comcast Corp. Cl A CMCSA, -2.34% fell 2.35% to $44.51. Trading volume (4.0 M) remained 1.6 million below its 50-day average volume of 5.6 M.

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