Shares of DISH Network Corp. Cl A DISH, -9.42% slid 9.42% to $8.08 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.41% falling 0.41% to 4,091.95 and Dow Jones Industrial Average DJIA, -0.11% falling 0.11% to 33,646.50. The stock’s fall snapped a three-day winning streak. DISH Network Corp. Cl A closed $25.66 below its 52-week high ($33.74), which the company achieved on April 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. AMZN, -2.09% fell 2.09% to $97.83, Netflix Inc. NFLX, -2.12% fell 2.12% to $331.03, and Walt Disney Co. DIS, -2.47% fell 2.47% to $97.94. Trading volume (11.4 M) eclipsed its 50-day average volume of 7.2 M.