Shares of Netflix Inc. /zigman2/quotes/202353025/composite NFLX +1.93% 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 /zigman2/quotes/210599714/realtime SPX +0.57% falling 1.18% to 4,513.04 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.43% 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. /zigman2/quotes/210331248/composite AMZN +1.75% fell 1.81% to $3,443.72, Walt Disney Co. /zigman2/quotes/203410047/composite DIS +1.27% fell 1.90% to $142.15, and Comcast Corp. Cl A /zigman2/quotes/209472081/composite CMCSA +0.54% fell 1.80% to $49.08. Trading volume (3.8 M) remained 33,969 below its 50-day average volume of 3.9 M.