Dow Jones – Amazon.com Inc. stock falls Wednesday, underperforms market
Shares of Amazon.com Inc.
slid 1.97% to $3,333.00 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.16% to 33,730.89 and the S&P 500 Index
falling 0.41% to 4,124.66. The stock’s fall snapped a five-day winning streak. Amazon.com Inc. closed $219.25 below its 52-week high ($3,552.25), which the company achieved on September 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as eBay Inc.
fell 1.61% to $62.79, Alphabet Inc. Cl A
fell 0.56% to $2,241.91, and Walmart Inc.
fell 0.04% to $139.32. Trading volume (2.9 M) remained 631,530 below its 50-day average volume of 3.5 M.