Amazon – Amazon.com Inc. stock underperforms Thursday when compared to competitors
Shares of Amazon.com Inc.
AMZN,
slumped 0.74% to $3,262.13 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.17% to 3,916.38 and the Dow Jones Industrial Average
DJIA,
falling 0.02% to 31,430.70. This was the stock’s fourth consecutive day of losses. Amazon.com Inc. closed $290.12 short of its 52-week high ($3,552.25), which the company achieved on September 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp.
(MSFT),
rose 0.69% to $244.49, Alphabet Inc. Cl A
GOOGL,
rose 0.11% to $2,088.75, and Walmart Inc.
WMT,
fell 0.08% to $144.02. Trading volume (2.3 M) remained 1.5 million below its 50-day average volume of 3.7 M.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
