Shares of Netflix Inc. NFLX, +7.98% slipped 3.34% to $254.66 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, +5.54% falling 2.08% to 3,748.57 and Dow Jones Industrial Average DJIA, +3.70% falling 1.95% to 32,513.94. Netflix Inc. closed $446.33 below its 52-week high ($700.99), which the company achieved on November 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. AMZN, +12.18% fell 4.27% to $86.14, Walt Disney Co. DIS, +4.28% fell 13.16% to $86.75, and Comcast Corp. Cl A CMCSA, +4.40% fell 1.60% to $31.39. Trading volume (7.2 M) remained 5.4 million below its 50-day average volume of 12.7 M.