Amazon.com Inc. stock falls Tuesday, still outperforms market
Shares of Amazon.com Inc.
dropped 0.21% to $3,450.00 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.57% to 4,443.05 and Dow Jones Industrial Average
falling 0.84% to 34,577.57. This was the stock’s fourth consecutive day of losses. Amazon.com Inc. closed $323.08 short of its 52-week high ($3,773.08), which the company reached on July 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as eBay Inc.
fell 1.76% to $71.39, Alphabet Inc. Cl A
rose 0.15% to $2,850.89, and Walmart Inc.
fell 0.52% to $144.30. Trading volume (1.9 M) remained 1.4 million below its 50-day average volume of 3.3 M.