Shares of Netflix Inc. NFLX, -0.19% dropped 0.19% to $480.33 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.56% falling 0.56% to 4,739.21 and Dow Jones Industrial Average DJIA, -0.25% falling 0.25% to 37,266.67.
This was the stock’s third consecutive day of losses.
Netflix Inc. closed $23.08 below its 52-week high ($503.41), which the company reached on January 11th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Apple Inc. AAPL, -0.52% fell 0.52% to $182.68, Walt Disney Co. DIS, -2.91% fell 2.91% to $90.34, and Comcast Corp. Cl A CMCSA, -1.72% fell 1.72% to $42.35.
Trading volume (4.9 M) eclipsed its 50-day average volume of 3.8 M.