Netflix Inc. stock outperforms market on strong trading day

© Terrence Horan


Shares of Netflix Inc. rallied 3.00% to $303.79 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. This was the stock’s third consecutive day of gains. Netflix Inc. closed $92.71 below its 52-week high ($396.50), which the company reached on March 29th.

The stock outperformed some of its competitors Wednesday, as Apple Inc. rose 0.26% to $152.99, Walt Disney Co. fell 0.28% to $93.10, and Comcast Corp. Cl A rose 1.73% to $35.89. Trading volume (9.0 M) eclipsed its 50-day average volume of 7.8 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.

Continue Reading