Amazon.com Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Amazon.com Inc. (AMZN) slid 1.25% to $97.71 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. This was the stock's second consecutive day of losses. Amazon.com Inc. closed $73.12 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 Monday, as Apple Inc. (AAPL) rose 1.55% to $157.40, Microsoft Corp. (MSFT) fell 2.58% to $272.23, and Alphabet Inc. Cl C (GOOGL) fell 0.52% to $101.93. Trading volume (60.9 M) remained 10.1 million below its 50-day average volume of 71.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 16:31 ET (20:31 GMT)
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