Amazon.com Inc. Stock Rises Thursday, Outperforms Market
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Shares of Amazon.com Inc. (AMZN) rallied 1.82% to $122.77 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
Amazon.com Inc. closed $23.80 below its 52-week high ($146.57), which the company reached on August 16th.
The stock outperformed some of its competitors Thursday, as Apple Inc. (AAPL) rose 1.60% to $180.09, Microsoft Corp. (MSFT) rose 1.28% to $332.58, and Alphabet Inc. Cl C (GOOGL) rose 0.81% to $124.37.
Trading volume (53.5 M) remained 9.2 million below its 50-day average volume of 62.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 16:31 ET (20:31 GMT)
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