Shares of Netflix Inc. NFLX, -1.72% shed 3.15% to $368.07 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.79% falling 0.53% to 4,363.49 and Dow Jones Industrial Average DJIA, -0.24% falling 0.29% to 33,794.66. This was the stock’s third consecutive day of losses. Netflix Inc. closed $332.92 below its 52-week high ($700.99), which the company achieved on November 17th.
The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc. AMZN, -1.53% fell 2.73% to $2,957.97, Walt Disney Co. DIS, -3.33% fell 1.20% to $145.57, and Comcast Corp. Cl A CMCSA, +0.19% rose 1.60% to $47.12. Trading volume (6.0 M) remained 2.4 million below its 50-day average volume of 8.4 M.
Values for U.S. oil soared Sunday evening, driving prices above $125 a barrel in electronic trade as discussions about a ban on Russian oil heated up.
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