Shares of Netflix Inc. (NAS:NFLX) slipped 3.76% to $617.77 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 1.18% to 4,513.04 and Dow Jones Industrial Average (DOW:DJIA) falling 1.34% to 34,022.04. This was the stock's third consecutive day of losses. Netflix Inc. closed $83.22 below its 52-week high ($700.99), which the company achieved on November 17th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. (NAS:AMZN) fell 1.81% to $3,443.72, Walt Disney Co. (NYS:DIS) fell 1.90% to $142.15, and Comcast Corp. Cl A (NAS:CMCSA) fell 1.80% to $49.08. Trading volume (3.8 M) remained 33,969 below its 50-day average volume of 3.9 M.