Shares of Amazon.com Inc. AMZN, -1.66% shed 1.67% to $3,111.89 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.71% rising 0.72% to 3,294.61 and the Dow Jones Industrial Average DJIA, +0.89% rising 0.89% to 26,664.40. The stock’s fall snapped a three-day winning streak. Amazon.com Inc. closed $232.40 short of its 52-week high ($3,344.29), which the company reached on July 13th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. MSFT, +5.62% rose 5.62% to $216.54, Alphabet Inc. Cl A GOOGL, -0.34% fell 0.35% to $1,482.76, and Walmart Inc. WMT, -0.07% fell 0.08% to $129.30. Trading volume (4.8 M) eclipsed its 50-day average volume of 4.8 M.