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The broader market downturn was reflected in the closing figures of leading indices. The S&P 500 closed at 4,349.61, while the Dow Jones ended the day at 33,631.14.
Despite the overall market slump, Apple Inc. (NASDAQ:AAPL) managed to buck the trend with its stock rising by 0.51% to close at $180.71. Other media and entertainment companies like Walt Disney Co. (NYSE:NYSE:DIS) and Comcast Corp (NASDAQ:CMCSA) experienced lesser drops compared to Netflix, ending the day at $84.35 and $43.90 respectively.
One notable aspect of Thursday’s trading session was Netflix’s trading volume which stood out at 7.3 million, exceeding its average volume. This indicates that there was a higher level of trading activity around Netflix shares during this period of market downturn.
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