Shares of Amazon.com Inc. inched 0.46% higher to $3,525.50 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.13% to 4,514.07 and Dow Jones Industrial Average falling 0.20% to 35,031.07. This was the stock’s third consecutive day of gains. Amazon.com Inc. closed $247.58 short of its 52-week high ($3,773.08), which the company reached on July 13th.
The stock outperformed some of its competitors Wednesday, as eBay Inc. fell 1.04% to $73.93, Alphabet Inc. Cl A fell 0.41% to $2,873.82, and Walmart Inc. rose 0.13% to $147.46. Trading volume (3.0 M) remained 225,160 below its 50-day average volume of 3.3 M.