Published on 13 Oct 2021 on Market Watch
Netflix Inc. stock rises Wednesday, outperforms market
Shares of Netflix Inc. inched 0.77% higher to $629.76 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,363.80 and the Dow Jones Industrial Average falling 0.00% to 34,377.81. The stock's rise snapped a two-day losing streak. Netflix Inc. closed $17.08 short of its 52-week high ($646.84), which the company achieved on October 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. rose 1.14% to $3,284.28, Walt Disney Co. fell 0.10% to $172.96, and Comcast Corp. Cl A rose 0.69% to $52.69. Trading volume (2.4 M) remained 1.0 million below its 50-day average volume of 3.4 M.