Shares of Netflix Inc.
NFLX,
surged 16.05% to $401.77 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.85% to 4,278.00 and Dow Jones Industrial Average
DJIA,
falling 0.75% to 33,414.17.
The stock’s rise snapped a two-day losing streak.
Netflix Inc. closed $83.23 below its 52-week high ($485.00), which the company reached on July 19th.
The stock outperformed some of its competitors Thursday, as Apple Inc.
AAPL,
fell 0.22% to $175.46, Walt Disney Co.
DIS,
fell 1.69% to $83.25, and Comcast Corp. Cl A
CMCSA,
fell 2.16% to $43.07.
Trading volume (27.7 M) eclipsed its 50-day average volume of 5.2 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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