Markets

Netflix Inc. stock underperforms Monday when compared to competitors despite daily gains

Published

June 13, 2023

Shares of Netflix Inc.
NFLX,
+0.94%
inched 0.94% higher to $423.97 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.93%
rising 0.93% to 4,338.93 and the Dow Jones Industrial Average
DJIA,
+0.56%
rising 0.56% to 34,066.33.

This was the stock’s fourth consecutive day of gains.

Netflix Inc. closed $1.93 short of its 52-week high ($425.90), which the company reached on June 9th.

The stock underperformed when compared to some of its competitors Monday, as Apple Inc.
AAPL,
+1.56%
rose 1.56% to $183.79, Walt Disney Co.
DIS,
+1.32%
rose 1.32% to $93.14, and Comcast Corp. Cl A
CMCSA,
+1.14%
rose 1.14% to $40.69.

Trading volume (5.9 M) remained 871,222 below its 50-day average volume of 6.8 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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