Netflix Damsel Inc. stock underperforms Friday when compared to competitors
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Shares of Netflix Inc. NFLX, -0.61% slipped 0.61% to $604.82 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.65% falling 0.65% to 5,123.69 and Dow Jones Industrial Average DJIA, -0.18% falling 0.18% to 38,722.69.
Netflix Inc. closed $19.60 below its 52-week high ($624.42), which the company reached on March 4th.
Netflix, Inc. (Netflix) is a provider of subscription streaming entertainment service. The Company has paid streaming memberships in over 190 countries and it allows members to watch a variety of television (TV) series, documentaries and feature films across a variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any Internet-connected screen. Members can play, pause and resume watching, without commercials. Additionally, Netflix offers its digital versatile disc (DVD)-by-mail service in the United States. It offers a variety of streaming membership plans, the price of which varies by country and the features of the plan. Pricing of its plans ranges from $2 to $24 per month. Members can watch content from Netflix through a range Internet-connected device, including televisions (TVs), digital video players, TV set-top boxes and mobile devices. The Company acquires, licenses and produces content, including original programing.
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