Shares of Netflix Inc. NFLX, -7.24% slipped 7.24% to $169.69 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -3.88% falling 3.88% to 3,749.63 and Dow Jones Industrial Average DJIA, -2.79% falling 2.79% to 30,516.74. This was the stock’s third consecutive day of losses. Netflix Inc. closed $531.30 below its 52-week high ($700.99), which the company reached on November 17th.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. AMZN, -5.45% fell 5.45% to $103.67, Walt Disney Co. DIS, -3.71% fell 3.71% to $95.71, and Comcast Corp. Cl A CMCSA, -3.44% fell 3.44% to $40.20. Trading volume (9.9 M) remained 4.5 million below its 50-day average volume of 14.4 M.