Shares of Amazon.com Inc.
rallied 2.47% to $3,286.33 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.30% to 3,390.68 and Dow Jones Industrial Average
falling 0.80% to 27,463.19. This was the stock’s third consecutive day of gains. Amazon.com Inc. closed $265.92 below its 52-week high ($3,552.25), which the company reached on September 2nd.
The stock outperformed some of its competitors Tuesday, as Microsoft Corp.
rose 1.51% to $213.25, Alphabet Inc. Cl A
rose 0.92% to $1,598.88, and Walmart Inc.
rose 0.50% to $142.87. Trading volume (4.3 M) remained 825,429 below its 50-day average volume of 5.1 M.