Shares of Netflix Inc.
NFLX,
shed 2.96% to $350.71 Thursday, 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 4,090.41 and Dow Jones Industrial Average
DJIA,
falling 1.26% to 33,696.85. The stock’s fall snapped a three-day winning streak. Netflix Inc. closed $52.16 below its 52-week high ($402.87), which the company achieved on February 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc.
AAPL,
fell 1.04% to $153.71, Walt Disney Co.
DIS,
fell 3.12% to $105.83, and Comcast Corp. Cl A
CMCSA,
rose 0.76% to $39.72. Trading volume (5.2 M) remained 3.7 million below its 50-day average volume of 8.9 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.
Credit: marketwatch.com