Shares of Netflix Inc. NFLX slid 2.29% to $483.38 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.27% to 3,360.47 and the Dow Jones Industrial Average DJIA rising 1.30% to 27,791.44. This was the stock's second consecutive day of losses. Netflix Inc. closed $91.99 short of its 52-week high ($575.37), which the company reached on July 13th.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. AMZN fell 0.61% to $3,148.16, Walt Disney Co. DIS fell 0.88% to $128.79, and Comcast Corp. Cl A CMCSA rose 0.49% to $43.02. Trading volume (4.7 M) remained 2.8 million below its 50-day average volume of 7.5 M.
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