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Shares of Amazon.com Inc. (AMZN) rallied 1.21% to $124.25 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
This was the stock's second consecutive day of gains.
Amazon.com Inc. closed $22.32 short of its 52-week high ($146.57), which the company reached on August 16th.
The stock outperformed some of its competitors Friday, as Apple Inc. (AAPL) rose 0.48% to $180.95, Microsoft Corp. (MSFT) rose 0.85% to $335.40, and Alphabet Inc. Cl C (GOOGL) rose 0.69% to $125.23.
Trading volume (60.5 M) remained 2.0 million below its 50-day average volume of 62.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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(END) Dow Jones Newswires
June 02, 2023 16:31 ET (20:31 GMT)
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