Amazon.com Inc. stock outperforms competitors on strong trading day

Amazon.com Inc. stock outperforms competitors on strong trading day

Shares of Amazon.com Inc. AMZN, -0.35% rose 4.09% to $3,312.49 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, 0.09% rising 0.23% to 3,389.78 and the Dow Jones Industrial Average DJIA, 0.06% falling 0.24% to 27,778.07. This was the stock’s second consecutive day of gains. Amazon.com Inc. closed $31.80 below its 52-week high ($3,344.29), which the company reached on July 13th.

The stock outperformed some of its competitors Tuesday, as Microsoft Corp. MSFT, 0.30% rose 0.58% to $211.49, Alphabet Inc. Cl A GOOGL, -0.10% rose 2.61% to $1,555.78, and Walmart Inc. WMT, -0.25% fell 0.66% to $134.71. Trading volume (5.3 M) eclipsed its 50-day average volume of 4.8 M.

Share:
error: Content is protected !!