Shares of Netflix Inc. /zigman2/quotes/202353025/composite NFLX +6.79% shed 1.85% to $241.15 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.02% falling 0.72% to 4,274.04 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.98% falling 0.50% to 33,980.32. This was the stock's third consecutive day of losses. Netflix Inc. closed $459.84 short of its 52-week high ($700.99), which the company reached on November 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +1.78% fell 1.85% to $142.10, Walt Disney Co. /zigman2/quotes/203410047/composite DIS +2.31% fell 1.72% to $122.81, and Comcast Corp. Cl A /zigman2/quotes/209472081/composite CMCSA +2.79% fell 2.73% to $39.26. Trading volume (5.6 M) remained 4.8 million below its 50-day average volume of 10.4 M.