Friday, March 31, 2023
HomeMarketAmazon.com Inc. stock outperforms competitors despite losses on the day

Amazon.com Inc. stock outperforms competitors despite losses on the day

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Shares of Amazon.com Inc.
AMZN,
-1.17%
shed 1.17% to $102.18 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-0.61%
falling 0.61% to 4,111.08 and Dow Jones Industrial Average
DJIA,
-0.10%
falling 0.10% to 33,891.02. This was the stock’s second consecutive day of losses. Amazon.com Inc. closed $68.65 below its 52-week high ($170.83), which the company achieved on March 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc.
AAPL,
-1.79%
fell 1.79% to $151.73, Microsoft Corp.
MSFT,
-0.61%
fell 0.61% to $256.77, and Alphabet Inc. Cl C
GOOG,
-1.66%
fell 1.66% to $103.47. Trading volume (80.8 M) eclipsed its 50-day average volume of 77.1 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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