Thursday, March 30, 2023
HomeMarketAmazon.com Inc. stock falls Tuesday, underperforms market

Amazon.com Inc. stock falls Tuesday, underperforms market

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Shares of Amazon.com Inc.
AMZN,
-0.07%
shed 0.07% to $102.11 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+1.29%
rising 1.29% to 4,164.00 and the Dow Jones Industrial Average
DJIA,
+0.78%
rising 0.78% to 34,156.69. This was the stock’s third consecutive day of losses. Amazon.com Inc. closed $68.72 below its 52-week high ($170.83), which the company achieved on March 29th.

The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc.
AAPL,
+1.92%
rose 1.92% to $154.65, Microsoft Corp.
MSFT,
+4.20%
rose 4.20% to $267.56, and Alphabet Inc. Cl C
GOOG,
+4.42%
rose 4.42% to $108.04. Trading volume (115.9 M) eclipsed its 50-day average volume of 77.5 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Credit: marketwatch.com

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