June 3, 2023

Amazon.com Inc. stock rises Friday, still underperforms market

COMPANY CLOSE UPDATES

Shares of Amazon.com Inc. rose 1.21% to $124.25 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.

This was the stock’s second consecutive day of gains.

Amazon.com Inc. closed $22.32 below its 52-week high ($146.57), which the company reached on August 16th.

The stock outperformed some of its competitors Friday, as Apple Inc. rose 0.48% to $180.95, Microsoft Corp. rose 0.85% to $335.40, and Alphabet Inc. Cl C rose 0.69% to $125.23.

Trading volume (61.2 M) remained 1.4 million below its 50-day average volume of 62.6 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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