Amazon.com Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Amazon.com Inc. (AMZN) advanced 2.65% to $94.88 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.68% to 3,920.56 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. This was the stock's second consecutive day of gains. Amazon.com Inc. closed $75.95 below 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 Tuesday, as Apple Inc. (AAPL) rose 1.41% to $152.59, Microsoft Corp. (MSFT) rose 2.71% to $260.79, and Alphabet Inc. Cl C (GOOGL) rose 2.83% to $94.25. Trading volume (60.2 M) remained 10.1 million below its 50-day average volume of 70.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:31 ET (00:31 GMT)
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