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) rose 1.39% to $96.20 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. This was the stock's third consecutive day of gains. Amazon.com Inc. closed $74.63 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 0.26% to $152.99, Microsoft Corp. (MSFT) rose 1.78% to $265.44, and Alphabet Inc. Cl C (GOOGL) rose 2.44% to $96.55. Trading volume (69.7 M) remained 706,011 below its 50-day average volume of 70.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 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 15, 2023 16:31 ET (20:31 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.