Amazon.com Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Amazon.com Inc. (AMZN) slipped 1.09% to $98.95 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. The stock's fall snapped a four-day winning streak. Amazon.com Inc. closed $71.88 short of its 52-week high ($170.83), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. (AAPL) fell 0.55% to $155.00, Microsoft Corp. (MSFT) rose 1.17% to $279.43, and Alphabet Inc. Cl C (GOOGL) rose 1.38% to $102.46. Trading volume (86.3 M) eclipsed its 50-day average volume of 70.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 16:31 ET (20:31 GMT)
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