Shares of Netflix Inc.
NFLX,
slid 2.03% to $429.70 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
falling 1.38% to 4,513.39 and Dow Jones Industrial Average
DJIA,
falling 0.98% to 35,282.52.
This was the stock’s second consecutive day of losses.
Netflix Inc. closed $55.30 below its 52-week high ($485.00), which the company reached on July 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc.
AAPL,
fell 1.55% to $192.58, Walt Disney Co.
DIS,
fell 3.07% to $86.30, and Comcast Corp. Cl A
CMCSA,
fell 0.49% to $45.09.
Trading volume (4.9 M) remained 2.7 million below its 50-day average volume of 7.6 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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