Shares of Netflix Inc.
shed 2.25% to $305.56 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 1.44% to 3,941.26 and Dow Jones Industrial Average
falling 1.03% to 33,596.34. This was the stock’s second consecutive day of losses. Netflix Inc. closed $326.90 short of its 52-week high ($632.46), which the company reached on December 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc.
fell 2.54% to $142.91, Walt Disney Co.
fell 3.79% to $92.29, and Comcast Corp. Cl A
fell 1.08% to $34.77. Trading volume (7.2 M) remained 5.3 million below its 50-day average volume of 12.4 M.