News

Amazon.com Inc. stock falls Wednesday, underperforms market

Company Close Updates

Company Logo


Terrence Horan

Shares of Amazon.com Inc.
AMZN,
-2.47%

shed 2.47% to $3,078.10 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.13%

rising 0.13% to 28,032.38 and the S&P 500 Index
SPX,
-0.46%

falling 0.46% to 3,385.49. Amazon.com Inc. closed $474.15 below its 52-week high ($3,552.25), which the company reached on September 2nd.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
-1.78%

fell 1.79% to $205.05, Alphabet Inc. Cl A
GOOGL,
-1.50%

fell 1.50% to $1,512.09, and Walmart Inc.
WMT,
-0.80%

fell 0.80% to $136.26. Trading volume (4.4 M) remained 373,701 below its 50-day average volume of 4.8 M.

Read More

READ MORE:   How to lure back California workers making more on unemployment than they did on the job

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close