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HomeMarketNetflix Inc. stock outperforms competitors despite losses on the day

Netflix Inc. stock outperforms competitors despite losses on the day

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Shares of Netflix Inc.
NFLX,
-2.25%
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
SPX,
-1.44%
falling 1.44% to 3,941.26 and Dow Jones Industrial Average
DJIA,
-1.03%
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.
AAPL,
-2.54%
fell 2.54% to $142.91, Walt Disney Co.
DIS,
-3.79%
fell 3.79% to $92.29, and Comcast Corp. Cl A
CMCSA,
-1.08%
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.


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

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