Shares of Advance Auto Parts Inc. /zigman2/quotes/202065737/composite AAP +2.82% shed 1.50% to $234.34 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.95% falling 0.97% to 4,532.76 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.60% falling 0.96% to 35,028.65. This was the stock's third consecutive day of losses. Advance Auto Parts Inc. closed $10.21 below its 52-week high ($244.55), which the company reached on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as O'Reilly Automotive Inc. /zigman2/quotes/207206119/composite ORLY +1.25% fell 0.91% to $659.59, AutoZone Inc. /zigman2/quotes/209114484/composite AZO +2.85% fell 1.10% to $1,945.89, and Genuine Parts Co. /zigman2/quotes/204247574/composite GPC +1.71% fell 1.63% to $134.35. Trading volume (573,346) remained 79,962 below its 50-day average volume of 653,308.