Amazon.com Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Amazon.com Inc. (AMZN) rose 1.87% to $92.43 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. The stock's rise snapped a two-day losing streak. Amazon.com Inc. closed $78.40 short of its 52-week high ($170.83), which the company reached on March 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. (AAPL) rose 1.33% to $150.47, Microsoft Corp. (MSFT) rose 2.14% to $253.92, and Alphabet Inc. Cl C (GOOGL) rose 0.71% to $91.66. Trading volume (71.9 M) eclipsed its 50-day average volume of 70.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 16:31 ET (20:31 GMT)
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