Shares of Netflix Inc. (NAS:NFLX) slid 2.17% to $625.14 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 0.37% to 4,536.19 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.43% to 35,609.34. The stock's fall snapped a two-day winning streak. Netflix Inc. closed $21.70 short of its 52-week high ($646.84), which the company reached on October 7th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. (NAS:AMZN) fell 0.84% to $3,415.06, Walt Disney Co. (NYS:DIS) fell 0.37% to $170.55, and Comcast Corp. Cl A (NAS:CMCSA) rose 0.87% to $54.71. Trading volume (10.5 M) eclipsed its 50-day average volume of 3.6 M.