Video: This Amazon investor breaks down her view on the stock’s performance (CNBC)
Shares of Amazon.com Inc. slid 1.11% to $3,677.36 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.35% to 4,369.21 and Dow Jones Industrial Average falling 0.31% to 34,888.79. This was the stock’s third consecutive day of losses. Amazon.com Inc. closed $82.63 short of its 52-week high ($3,759.99), which the company reached on July 8th.
The stock underperformed when compared to some of its competitors Tuesday, as eBay Inc. fell 0.33% to $68.74, Alphabet Inc. Cl A rose 0.29% to $2,546.83, and Walmart Inc. rose 0.38% to $140.58. Trading volume (3.8 M) eclipsed its 50-day average volume of 3.4 M.