Shares of Netflix Inc.
rallied 1.07% to $366.83 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 1.11% to 4,117.86 and Dow Jones Industrial Average
falling 0.61% to 33,949.01. This was the stock’s second consecutive day of gains. Netflix Inc. closed $46.15 below its 52-week high ($412.98), which the company achieved on February 9th.
The stock outperformed some of its competitors Wednesday, as Apple Inc.
fell 1.77% to $151.92, Walt Disney Co.
rose 0.13% to $111.78, and Comcast Corp. Cl A
fell 2.29% to $38.76. Trading volume (6.1 M) remained 3.2 million below its 50-day average volume of 9.3 M.