Shares of Netflix Inc. NFLX slipped 2.21% to $499.10 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.66% to 3,799.61 and Dow Jones Industrial Average DJIA falling 0.29% to 31,008.69. The stock’s fall snapped a two-day winning streak. Netflix Inc. closed $76.27 short of its 52-week high ($575.37), which the company achieved on July 13th.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. AMZN fell 2.15% to $3,114.21, Walt Disney Co. DIS rose 0.22% to $179.09, and Comcast Corp. Cl A CMCSA fell 0.04% to $51.52. Trading volume (3.7 M) remained 501,078 below its 50-day average volume of 4.2 M.