Amazon.com Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Amazon.com Inc. (AMZN) rose 1.29% to $121.66 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
This was the stock's second consecutive day of gains.
Amazon.com Inc. closed $24.91 below its 52-week high ($146.57), which the company reached on August 16th.
The stock outperformed some of its competitors Tuesday, as Apple Inc. (AAPL) rose 1.07% to $177.30, Microsoft Corp. (MSFT) fell 0.50% to $331.21, and Alphabet Inc. Cl C (GOOGL) fell 0.63% to $124.64.
Trading volume (63.3 M) eclipsed its 50-day average volume of 62.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 16:31 ET (20:31 GMT)
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