Netflix Inc. stock rises Thursday, outperforms market

Netflix Inc. stock rises Thursday, outperforms market

Shares of Netflix Inc. NFLX, +5.49% rallied 5.50% to $527.51 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.52% rising 0.53% to 3,380.80 and the Dow Jones Industrial Average DJIA, +0.12% rising 0.13% to 27,816.90. This was the stock’s sixth consecutive day of gains. Netflix Inc. closed $47.86 short of its 52-week high ($575.37), which the company reached on July 13th.

The stock outperformed some of its competitors Thursday, as Amazon.com Inc. AMZN, +2.30% rose 2.30% to $3,221.26, Walt Disney Co. DIS, -0.62% fell 0.62% to $123.31, and Comcast Corp. Cl A CMCSA, +0.38% rose 0.39% to $46.44. Trading volume (8.1 M) eclipsed its 50-day average volume of 5.7 M.

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