Shares of Netflix Inc. shed 2.96% to $350.71 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.38% to 4,090.41 and Dow Jones Industrial Average falling 1.26% to 33,696.85. The stock’s fall snapped a three-day winning streak. Netflix Inc. closed $52.16 below its 52-week high ($402.87), which the company achieved on February 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. fell 1.04% to $153.71, Walt Disney Co. fell 3.12% to $105.83, and Comcast Corp. Cl A rose 0.76% to $39.72. Trading volume (5.2 M) remained 3.7 million below its 50-day average volume of 8.9 M.