Shares of Netflix Inc. NFLX, -0.67% sank 0.67% to $537.22 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.28% rising 0.28% to 4,726.35 and the Dow Jones Industrial Average DJIA, +0.11% rising 0.11% to 36,290.32. Netflix Inc. closed $163.77 below its 52-week high ($700.99), which the company reached on November 17th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. AMZN, -0.09% fell 0.09% to $3,304.14, Walt Disney Co. DIS, -0.06% fell 0.06% to $157.80, and Comcast Corp. Cl A CMCSA, -0.37% fell 0.37% to $50.95. Trading volume (3.7 M) eclipsed its 50-day average volume of 3.0 M.