Shares of Netflix Inc. /zigman2/quotes/202353025/composite NFLX -0.27% 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 /zigman2/quotes/210599714/realtime SPX +1.32% rising 0.37% to 4,536.19 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.68% 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. /zigman2/quotes/210331248/composite AMZN +1.63% fell 0.84% to $3,415.06, Walt Disney Co. /zigman2/quotes/203410047/composite DIS -0.20% fell 0.37% to $170.55, and Comcast Corp. Cl A /zigman2/quotes/209472081/composite CMCSA +0.84% rose 0.87% to $54.71. Trading volume (10.5 M) eclipsed its 50-day average volume of 3.6 M.