Netflix Inc. stock falls Wednesday, underperforms market

Netflix Inc. stock falls Wednesday, underperforms market

Shares of Netflix Inc. NFLX, -1.85% shed 1.85% to $446.73 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.39% falling 0.39% to 4,549.34 and Dow Jones Industrial Average DJIA, -0.19% falling 0.19% to 36,054.43.

Netflix Inc. closed $38.27 below its 52-week high ($485.00), which the company reached on July 19th.

The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. AAPL, -0.57% fell 0.57% to $192.32, Walt Disney Co. DIS, +0.78% rose 0.78% to $91.50, and Comcast Corp. Cl A CMCSA, +0.19% rose 0.19% to $41.69.

Trading volume (4.1 M) remained 1.2 million below its 50-day average volume of 5.3 M.

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