Shares of Netflix Inc. (NASDAQ: NFLX) saw a 0.94% increase on Monday, closing at $575.79. This positive movement comes as part of a great overall trading session for the stock market.
Market Performance
The S&P 500 Index (NYSEARCA: SPY) rose 0.76% to reach 4,927.93, while the Dow Jones Industrial Average (INDEXDJX: .DJI) experienced a 0.59% increase, closing at 38,333.45. It is worth noting that this marks the sixth consecutive day of gains for Netflix Inc.
Near 52-Week High
Although Netflix Inc. fell $3.85 short of its 52-week high of $579.64 achieved on January 26th, the company continues to demonstrate strong performance.
Mixed Performance Among Competitors
When compared to its competitors, Netflix Inc.'s stock performance was mixed on Monday. Apple Inc. (NASDAQ: AAPL) recorded a 0.36% decrease, closing at $191.73. On the other hand, Walt Disney Co. (NYSE: DIS) experienced a 2.23% increase, closing at $97.49. Comcast Corp. Class A (NASDAQ: CMCSA) saw a 0.32% decrease, closing at $46.11.
Significant Trading Volume
The trading volume for Netflix Inc. was 6.9 million shares, surpassing its 50-day average volume of 5.0 million shares.
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