Netflix Inc. stock entered bear market territory on Monday after falling more than 20% from its peak earlier this month. The streaming giant closed down 6.8% at $96.88, down 23% from its August 6 close of $126.45. Netflix helped pace the selloff in the media sector, as the broader market suffered one of its biggest losses in years. The Dow Jones Industrial Average finished the day down more than 580 points.
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