Shares of Netflix Inc.
NFLX,
rallied 2.77% to $435.73 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.69% to 4,369.01 and the Dow Jones Industrial Average
DJIA,
rising 0.43% to 34,212.12.
This was the stock’s fifth consecutive day of gains.
Netflix Inc. hit a new 52-week high, surpassing its previous peak of $425.90, which the company reached on June 9th.
The stock outperformed some of its competitors Tuesday, as Apple Inc.
AAPL,
fell 0.26% to $183.31, Walt Disney Co.
DIS,
rose 0.76% to $93.85, and Comcast Corp. Cl A
CMCSA,
fell 0.02% to $40.68.
Trading volume (7.8 M) eclipsed its 50-day average volume of 6.9 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.
Read the full article here