Netflix Inc. stock rises Tuesday, outperforms market

Netflix Inc. stock rises Tuesday, outperforms market

Shares of Netflix Inc. NFLX, +2.38% rose 2.38% to $508.82 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.51% rising 0.51% to 4,246.44 and the Dow Jones Industrial Average DJIA, +0.20% rising 0.20% to 33,945.58. Netflix Inc. closed $84.47 below its 52-week high ($593.29), which the company achieved on January 20th.

The stock outperformed some of its competitors Tuesday, as Amazon.com Inc. AMZN, +1.49% rose 1.49% to $3,505.44, Walt Disney Co. DIS, -0.27% fell 0.27% to $173.50, and Comcast Corp. Cl A CMCSA, +0.61% rose 0.61% to $57.63. Trading volume (5.7 M) eclipsed its 50-day average volume of 4.2 M.

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