Amazon.com Inc. stock rises Thursday, outperforms market
Shares of Amazon.com Inc.
rallied 1.47% to $3,638.03 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.20% to 4,367.48 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. This was the stock’s third consecutive day of gains. Amazon.com Inc. closed $135.05 below 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 Thursday, as eBay Inc.
rose 3.15% to $72.06, Alphabet Inc. Cl A
rose 0.68% to $2,568.43, and Walmart Inc.
rose 0.07% to $141.27. Trading volume (3.2 M) remained 76,529 below its 50-day average volume of 3.3 M.