Netflix Shares Rise in Mixed Trading Session
Shares of Netflix Inc. rose by 0.93% in a mixed trading session. Comparatively, Apple Inc., Walt Disney Co., and Comcast Corp. also saw slight changes. Netflix Inc.'s potential for growth is evident.
Shares of Netflix Inc. (NFLX, +0.93%) showed a modest increase of 0.93% on Monday, reaching $408.29. This gain came amidst a trading session characterized by mixed performance in the stock market. The S&P 500 Index (SPX, +0.69%) rose by 0.69% to reach 4,399.77, while the Dow Jones Industrial Average (DJIA, -0.11%) experienced a slight decline of 0.11% to settle at 34,463.69.
Notably, this marks the second consecutive day of gains for Netflix Inc.
Closing $76.71 lower than its 52-week high of $485.00, which was achieved on July 19th, Netflix Inc. showcases room for potential growth.
In comparison to its competitors, Netflix Inc. outperformed Apple Inc. (AAPL, +0.77%) which saw a 0.77% increase to $175.84. On the other hand, Walt Disney Co. (DIS, -0.09%) experienced a slight decline of 0.09% to $85.88, while Comcast Corp. Cl A (CMCSA, +0.22%) witnessed a 0.22% rise to $45.86.
However, it's worth noting that the trading volume for Netflix Inc. stood at 3.8 million, which is significantly lower than its 50-day average volume of 6.9 million.