Why Netflix (NFLX) Dipped More Than Broader Market Today
NFLXNetflix(NFLX) ZACKS·2024-08-23 06:46

Netflix (NFLX) closed the most recent trading day at $688.96, moving -1.17% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.89% for the day. At the same time, the Dow lost 0.44%, and the tech-heavy Nasdaq lost 1.67%.Coming into today, shares of the internet video service had gained 9.61% in the past month. In that same time, the Consumer Discretionary sector gained 2.07%, while the S&P 500 gained 2.17%.Analysts and investors alike will be keeping a close ...