Netflix Inc. stock underperforms Monday when compared to competitors

Netflix Inc. stock underperforms Monday when compared to competitors

Shares of Netflix Inc. NFLX, -1.19% slipped 1.20% to $476.26 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.27% rising 1.27% to 3,383.54 and the Dow Jones Industrial Average DJIA, +1.18% rising 1.18% to 27,993.33. Netflix Inc. closed $99.11 short of its 52-week high ($575.37), which the company achieved on July 13th.

The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. AMZN, -0.42% fell 0.43% to $3,102.97, Walt Disney Co. DIS, -0.38% fell 0.38% to $131.25, and Comcast Corp. Cl A CMCSA, +1.34% rose 1.34% to $45.27. Trading volume (7.2 M) remained 623,537 below its 50-day average volume of 7.8 M.

Share:
error: Content is protected !!