Shares of Netflix Inc. /zigman2/quotes/202353025/composite NFLX +0.22% slumped 0.21% to $616.47 Thursday, 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 +1.30% rising 1.42% to 4,577.10 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.98% rising 1.82% to 34,639.79. This was the stock's fourth consecutive day of losses. Netflix Inc. closed $84.52 short of its 52-week high ($700.99), which the company reached on November 17th.
The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +2.97% fell 0.18% to $3,437.36, Walt Disney Co. /zigman2/quotes/203410047/composite DIS +2.46% rose 3.55% to $147.20, and Comcast Corp. Cl A /zigman2/quotes/209472081/composite CMCSA +1.54% rose 4.93% to $51.50. Trading volume (3.3 M) remained 501,968 below its 50-day average volume of 3.8 M.