Shares of Netflix Inc. inched 0.53% higher to $569.19 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.13% to 4,522.68 and Dow Jones Industrial Average falling 0.11% to 35,360.73. This was the stock’s fourth consecutive day of gains. Netflix Inc. closed $24.10 short of its 52-week high ($593.29), which the company achieved on January 20th.
The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. rose 1.44% to $3,470.79, Walt Disney Co. rose 0.73% to $181.30, and Comcast Corp. Cl A rose 1.62% to $60.68. Trading volume (2.4 M) remained 716,443 below its 50-day average volume of 3.1 M.