Shares of Netflix Inc. /zigman2/quotes/202353025/composite NFLX -1.53% rose 9.29% to $245.20 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.54% rising 1.97% to 3,719.04 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.45% rising 1.88% to 29,683.74. This was the stock's second consecutive day of gains. Netflix Inc. closed $455.79 short of its 52-week high ($700.99), which the company achieved on November 17th.
The stock outperformed some of its competitors Wednesday, as Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +0.58% rose 3.15% to $118.01, Walt Disney Co. /zigman2/quotes/203410047/composite DIS -3.22% rose 3.70% to $99.40, and Comcast Corp. Cl A /zigman2/quotes/209472081/composite CMCSA -0.17% rose 2.97% to $31.16. Trading volume (17.5 M) eclipsed its 50-day average volume of 10.2 M.