Netflix Inc. stock outperforms market on strong trading day

Netflix Inc. stock outperforms market on strong trading day

Shares of Netflix Inc. NFLX, +0.28% inched 0.28% higher to $482.68 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.12% rising 0.12% to 27,931.02 and the S&P 500 Index SPX, -0.01% falling 0.02% to 3,372.85. This was the stock’s third consecutive day of gains. Netflix Inc. closed $92.69 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 Friday, as Amazon.com Inc. AMZN, -0.41% fell 0.41% to $3,148.02, Walt Disney Co. DIS, -0.32% fell 0.33% to $130.53, and Comcast Corp. Cl A CMCSA, +0.87% rose 0.88% to $43.77. Trading volume (2.9 M) remained 4.6 million below its 50-day average volume of 7.6 M.

Share:
error: Content is protected !!