Shares of Netflix Inc.
inched 0.41% higher to $361.42 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.28% to 4,147.60 and the Dow Jones Industrial Average
rising 0.11% to 34,128.05. This was the stock’s third consecutive day of gains. Netflix Inc. closed $41.45 below its 52-week high ($402.87), which the company achieved on February 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc.
rose 1.39% to $155.33, Walt Disney Co.
rose 1.47% to $109.24, and Comcast Corp. Cl A
rose 0.92% to $39.42. Trading volume (4.0 M) remained 5.1 million below its 50-day average volume of 9.1 M.