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Home Markets

Netflix Inc. stock underperforms Monday when compared to competitors

by author
October 24, 2022
in Markets
Reading Time: 1 min read
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Shares of Netflix Inc.
NFLX,
-2.46%
shed 2.46% to $282.45 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+1.19%
rising 1.19% to 3,797.34 and the Dow Jones Industrial Average
DJIA,
+1.34%
rising 1.34% to 31,499.62. Netflix Inc. closed $418.54 below its 52-week high ($700.99), which the company achieved on November 17th.

The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc.
AMZN,
+0.42%
rose 0.42% to $119.82, Walt Disney Co.
DIS,
-0.31%
fell 0.31% to $101.72, and Comcast Corp. Cl A
CMCSA,
+1.97%
rose 1.97% to $31.08. Trading volume (13.2 M) eclipsed its 50-day average volume of 11.6 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.

Tags: article_normalBroadcastingCable BroadcastingFinancial PerformanceMedia Content DistributionMedia/EntertainmentMultimedia Content ServicesOnline Service ProvidersStreaming ServicesTechnology
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