Amazon.com Inc. Stock Outperforms Market On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Amazon.com Inc. (AMZN) inched 0.40% higher to $93.92 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 3,992.01 and the Dow Jones Industrial Average falling 0.18% to 32,798.40. The stock's rise snapped a two-day losing streak. Amazon.com Inc. closed $76.91 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 Wednesday, as Apple Inc. (AAPL) rose 0.84% to $152.87, Microsoft Corp. (MSFT) fell 0.18% to $253.70, and Alphabet Inc. Cl C (GOOGL) rose 0.51% to $94.65. Trading volume (44.5 M) remained 26.0 million below its 50-day average volume of 70.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 08, 2023 16:30 ET (21:30 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.