Amazon.com Inc. stock underperforms Wednesday when compared to competitors

Amazon.com Inc. stock underperforms Wednesday when compared to competitors

Shares of Amazon.com Inc. AMZN, -2.30% slipped 2.30% to $3,104.20 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.79% falling 0.79% to 3,672.82 and Dow Jones Industrial Average DJIA, -0.35% falling 0.35% to 30,068.81. Amazon.com Inc. closed $448.05 short of 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 Microsoft Corp. MSFT, -1.95% fell 1.95% to $211.80, Alphabet Inc. Cl A GOOGL, -1.85% fell 1.85% to $1,777.86, and Walmart Inc. WMT, -0.79% fell 0.79% to $148.27. Trading volume (4.1 M) remained 571,991 below its 50-day average volume of 4.6 M.

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