Amazon.Com Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Amazon.com Inc. (AMZN) shed 1.68% to $137.63 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.22% to 4,443.95 and Dow Jones Industrial Average falling 0.31% to 34,517.73.
This was the stock's fourth consecutive day of losses.
Amazon.com Inc. closed $8.23 short of its 52-week high ($145.86), which the company reached on September 14th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) rose 0.62% to $179.07, Microsoft Corp. (MSFT) fell 0.12% to $328.65, and Alphabet Inc. Cl C (GOOG) fell 0.09% to $138.83.
Trading volume (60.9 M) eclipsed its 50-day average volume of 54.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 19, 2023.
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September 19, 2023 16:30 ET (20:30 GMT)
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