Shares of Netflix Inc.
sank 0.78% to $485.23 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.52% to 3,453.49 and the Dow Jones Industrial Average
rising 0.54% to 28,363.66. This was the stock’s fifth consecutive day of losses. Netflix Inc. closed $90.14 below its 52-week high ($575.37), which the company reached on July 13th.
The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc.
fell 0.27% to $3,176.40, Walt Disney Co.
rose 0.73% to $127.56, and Comcast Corp. Cl A
rose 1.33% to $45.11. Trading volume (6.8 M) eclipsed its 50-day average volume of 6.0 M.