Netflix Inc. stock underperforms Monday when compared to competitors

Netflix Inc. stock underperforms Monday when compared to competitors

Shares of Netflix Inc. NFLX, -0.08% slipped 0.08% to $554.60 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.87% rising 0.87% to 5,010.60 and the Dow Jones Industrial Average DJIA, +0.67% rising 0.67% to 38,239.98.

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

Netflix Inc. closed $84.40 short of its 52-week high ($639.00), which the company achieved on April 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. AAPL, +0.51% rose 0.51% to $165.84, Walt Disney Co. DIS, -0.55% fell 0.55% to $111.99, and Comcast Corp. Cl A CMCSA, +0.82% rose 0.82% to $40.57.

Trading volume (8.2 M) eclipsed its 50-day average volume of 3.5 M.

Share:
error: Content is protected !!