Netflix Stock Falls for Second Straight Day, Closing Well Below 52-Week High
- Netflix stock fell 2.68% to $346.19 on Wednesday, underperforming the market
- It was the stock's second straight day of losses
- Netflix closed $138.81 short of its 52-week high of $485 reached in July
- The stock underperformed competitors like Apple, Disney, and Comcast
- Trading volume of 8.9M exceeded the 50-day average of 5.0M