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Netflix Inc. stock falls Tuesday, underperforms market

by WOOWinvest
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Netflix Inc. stock falls Tuesday, underperforms market


Shares of Netflix Inc. NFLX, -1.75% slid 1.75% to $220.65 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.10% falling 1.10% to 3,986.16 and Dow Jones Industrial Average DJIA , -0.96% falling 0.96% to 31,790.87. Netflix Inc. closed $480.34 short of its 52-week high ($700.99), which the company achieved on November 17th.

The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. AMZN, -0.82% fell 0.82% to $128.73, Walt Disney Co. DIS, -0.97% fell 0.97% to $112.43, and Comcast Corp. Cl A CMCSA, -1.57% fell 1.57% to $35.72. Trading volume (5.7 M) remained 4.2 million below its 50-day average volume of 9.9 M.

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