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Aug. 17, 2022, 4:31 p.m. EDT

Netflix Inc. stock outperforms competitors despite losses on the day

MarketWatch Automation

Shares of Netflix Inc. (NAS:NFLX) shed 1.85% to $241.15 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 0.72% to 4,274.04 and Dow Jones Industrial Average (DOW:DJIA) falling 0.50% to 33,980.32. This was the stock's third consecutive day of losses. Netflix Inc. closed $459.84 short of its 52-week high ($700.99), which the company reached on November 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. (NAS:AMZN) fell 1.85% to $142.10, Walt Disney Co. (NYS:DIS) fell 1.72% to $122.81, and Comcast Corp. Cl A (NAS:CMCSA) fell 2.73% to $39.26. Trading volume (5.6 M) remained 4.8 million below its 50-day average volume of 10.4 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.

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