Shares of Netflix Inc. NFLX slid 1.00% to $525.42 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.47% to 3,443.12 and the Dow Jones Industrial Average DJIA rising 0.40% to 28,308.79. This was the stock's third consecutive day of losses. Netflix Inc. closed $49.95 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 Tuesday, as Amazon.com Inc. AMZN rose 0.31% to $3,217.01, Walt Disney Co. DIS rose 0.58% to $124.95, and Comcast Corp. Cl A CMCSA fell 0.14% to $44.27. Trading volume (8.5 M) eclipsed its 50-day average volume of 5.7 M.