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

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

Shares of Amazon.com Inc. AMZN, -0.45% slumped 0.45% to $3,292.23 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.30% falling 0.30% to 3,841.47 and Dow Jones Industrial Average DJIA, -0.57% falling 0.57% to 30,996.98. The stock’s fall snapped a three-day winning streak. Amazon.com Inc. closed $260.02 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 Friday, as Microsoft Corp. MSFT, +0.44% rose 0.44% to $225.95, Alphabet Inc. Cl A GOOGL, +0.45% rose 0.45% to $1,892.56, and Walmart Inc. WMT, +1.02% rose 1.02% to $146.33. Trading volume (2.8 M) remained 830,847 below its 50-day average volume of 3.6 M.

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