Amazon.com Inc. Stock Falls Thursday, Underperforms Market
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Shares of Amazon.com Inc. (AMZN) dropped 0.09% to $144.72 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.84% to 4,505.10 and the Dow Jones Industrial Average rising 0.96% to 34,907.11.
Amazon.com Inc. closed $0.26 below its 52-week high ($144.98), which the company reached on September 13th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. (AAPL) rose 0.88% to $175.74, Microsoft Corp. (MSFT) rose 0.79% to $338.70, and Alphabet Inc. Cl C (GOOGL) rose 1.08% to $138.99.
Trading volume (63.0 M) eclipsed its 50-day average volume of 52.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 14, 2023.
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September 14, 2023 16:32 ET (20:32 GMT)
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