Shares of Netflix Inc. NFLX rose 3.70% to $487.35 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 1.16% to 3,281.06 and Dow Jones Industrial Average DJIA falling 1.84% to 27,147.70. The stock's rise snapped a three-day losing streak. Netflix Inc. closed $88.02 short of its 52-week high ($575.37), which the company reached on July 13th.
The stock outperformed some of its competitors Monday, as Amazon.com Inc. AMZN rose 0.19% to $2,960.47, Walt Disney Co. DIS fell 2.50% to $125.41, and Comcast Corp. Cl A CMCSA fell 1.28% to $44.68. Trading volume (5.3 M) remained 2.1 million below its 50-day average volume of 7.4 M.
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