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On Monday, Netflix Inc. (NASDAQ:) shares rallied by 1.45%, closing at $360.82 and breaking a four-day losing streak. Despite this positive movement, the stock price remained $124.18 below its annual peak reached on July 19th, 2023.
The streaming giant’s trading volume for the day reached 5.1 million, slightly above its 50-day average of 5 million. This surge occurred on a buoyant market day, with the and closing at 4,373.63 and 33,984.54 respectively.
Meanwhile, in the same sector, there was a mixed performance among competitors. Apple Inc.’s (NASDAQ:) stocks saw a slight decline, ending the day at $178.72. At the same time, shares of The Walt Disney Company (NYSE:NYSE:) and Comcast Corporation (NASDAQ:) rose to close at $85.71 and $44.25 respectively.
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