Amazon.com Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of Amazon.com Inc. (AMZN) slipped 1.78% to $92.25 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.85% to 3,918.32 and Dow Jones Industrial Average falling 1.66% to 32,254.86. Amazon.com Inc. closed $78.58 short of 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 Thursday, as Apple Inc. (AAPL) fell 1.49% to $150.59, Microsoft Corp. (MSFT) fell 0.54% to $252.32, and Alphabet Inc. Cl C (GOOGL) fell 2.10% to $92.66. Trading volume (55.5 M) remained 14.2 million below its 50-day average volume of 69.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.
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March 09, 2023 16:31 ET (21:31 GMT)
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