Netflix Inc. stock rises Friday, still underperforms market

Netflix Inc. stock rises Friday, still underperforms market

Shares of Netflix Inc. NFLX, +0.13% inched 0.13% higher to $555.31 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.77% rising 0.77% to 4,128.80 and the Dow Jones Industrial Average DJIA, +0.89% rising 0.89% to 33,800.60. This was the stock’s seventh consecutive day of gains. Netflix Inc. closed $37.98 short of its 52-week high ($593.29), which the company achieved on January 20th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Amazon.com Inc. AMZN, +2.21% rose 2.21% to $3,372.20, Walt Disney Co. DIS, +0.30% rose 0.30% to $187.89, and Comcast Corp. Cl A CMCSA, -1.40% fell 1.40% to $53.57. Trading volume (2.8 M) remained 774,345 below its 50-day average volume of 3.6 M.

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