Netflix Inc. stock rises Monday, outperforms market

Netflix Inc. stock rises Monday, outperforms market

Shares of Netflix Inc. NFLX, +1.08% advanced 1.08% to $529.56 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.21% falling 0.22% to 3,500.31 and Dow Jones Industrial Average DJIA, -0.78% falling 0.78% to 28,430.05. The stock’s rise snapped a two-day losing streak. Netflix Inc. closed $45.81 below 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 Monday, as Amazon.com Inc. AMZN, +1.44% rose 1.45% to $3,450.96, Walt Disney Co. DIS, -2.70% fell 2.71% to $131.87, and Comcast Corp. Cl A CMCSA, +0.56% rose 0.56% to $44.81. Trading volume (4.9 M) remained 2.7 million below its 50-day average volume of 7.6 M.

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