Shares of Netflix Inc. (NAS:NFLX) slid 3.31% to $641.90 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 1.90% to 4,567.00 and Dow Jones Industrial Average (DOW:DJIA) falling 1.86% to 34,483.72. This was the stock's second consecutive day of losses. Netflix Inc. closed $59.09 below its 52-week high ($700.99), which the company achieved on November 17th.
The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. (NAS:AMZN) fell 1.53% to $3,507.07, Walt Disney Co. (NYS:DIS) fell 1.97% to $144.90, and Comcast Corp. Cl A (NAS:CMCSA) fell 3.01% to $49.98. Trading volume (5.4 M) eclipsed its 50-day average volume of 3.8 M.