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Netflix Inc. stock outperforms market despite losses on the day

Shares of Netflix Inc.
NFLX,
-0.17%
slid 0.17% to $438.10 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-0.29%
falling 0.29% to 4,398.95 and Dow Jones Industrial Average
DJIA,
-0.55%
falling 0.55% to 33,734.88.

This was the stock’s second consecutive day of losses.

Netflix Inc. closed $12.87 short of its 52-week high ($450.97), which the company achieved on July 5th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc.
AAPL,
-0.59%
fell 0.59% to $190.68, Walt Disney Co.
DIS,
-0.11%
fell 0.11% to $88.64, and Comcast Corp. Cl A
CMCSA,
+0.53%
rose 0.53% to $41.43.

Trading volume (4.2 M) remained 2.4 million below its 50-day average volume of 6.5 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

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