Netflix - NASDAQ 100 Worst Performer

Published on Tuesday, 31 January 2012 13:35 Written by Christian Paolinetti

New York, January 31st (TradersHuddle.com) - The NASDAQ 100 Index is higher trading at 2466.1, which represents 0.03% versus its previous close. The index is having a negative day with more than 60% of the NASDAQ 100 components trading negative.

Mattel (NASDAQ:MAT) is the NASDAQ 100's top performer today with the stock trading at $31 representing 4.98% from its previous trading session. Shares of Mattel, the maker of Barbie dolls, Hot Wheels and Fisher Price toys have defined support at $27.13 and resistance at $29.75.

Garmin (NASDAQ:GRMN) is also among the top performers, and it is trading at $41.41 representing 1.37% from its previous close. Garmin, the maker of global positioning system (GPS)-enabled products has calculated support and resistance levels at $34.59 and $42.73 respectively. The other top performer of the NASDAQ 100 is Priceline.com (NASDAQ:PCLN), which is trading at $528.9 representing 1.24% from its previous close.

The NASDAQ 100's worst performers include Netflix (NASDAQ:NFLX) that is trading at $118.78 or -5.3% from the previous close. Shares of Netflix, the online video rental company have defined support at $91.48 and resistance at $104.77. Also among the worst performers Ctrip.com (NASDAQ:CTRP), which is trading at $24.6 representing -5.09% from the previous trading session.

The NASDAQ 100 is underperfoming the Dow Jones but is pretty much equal with the S&P 500. The Dow Jones Industrial Index is currently trading at 12619.2, which represents -0.27% from previous close, the S&P 500 on the other hand is trading at 1312.13 that represents -0.07% from its previous close.