Tuesday, February 7, 2023
HomeMarketNetflix Inc. stock rises Thursday, still underperforms market

Netflix Inc. stock rises Thursday, still underperforms market

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Shares of Netflix Inc.
inched 0.60% higher to $310.26 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.75% to 3,963.51 and the Dow Jones Industrial Average
rising 0.55% to 33,781.48. This was the stock’s second consecutive day of gains. Netflix Inc. closed $319.98 below its 52-week high ($630.24), which the company achieved on December 9th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc.
rose 1.21% to $142.65, Walt Disney Co.
rose 0.43% to $92.55, and Comcast Corp. Cl A
rose 1.01% to $34.97. Trading volume (7.2 M) remained 5.2 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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