Market update
What happened
Netflix Inc (NFLX) appeared on the active-mover screen after a 7.3% fall to $68.95, with market data showing 141.2 million shares traded. The move put pressure on one of the largest Communication Services names, valued at about $367.8 billion.
Confirmation is stronger in the longer tape than in the live chart. Weekly market data show returns of -6.0%, -10.9% and -25.4% over one, four and twelve weeks, while today's intraday price path shows the shares rising 0.6% from $67.34 to $67.74.