Netflix Inc. stock outperforms market on strong trading day

Netflix Inc. stock outperforms market on strong trading day

Shares of Netflix Inc. NFLX, +1.99% rose 1.99% to $498.62 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.71% rising 0.72% to 3,294.61 and the Dow Jones Industrial Average DJIA, +0.89% rising 0.89% to 26,664.40. This was the stock’s third consecutive day of gains. Netflix Inc. closed $76.75 below its 52-week high ($575.37), which the company reached on July 13th.

The stock outperformed some of its competitors Monday, as Amazon.com Inc. AMZN, -1.66% fell 1.67% to $3,111.89, Walt Disney Co. DIS, -0.50% fell 0.50% to $116.35, and Comcast Corp. Cl A CMCSA, +0.18% rose 0.19% to $42.88. Trading volume (5.9 M) remained 2.0 million below its 50-day average volume of 7.9 M.

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