Shares of Amazon.com Inc. AMZN slipped 0.61% to $3,148.16 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.27% to 3,360.47 and the Dow Jones Industrial Average DJIA rising 1.30% to 27,791.44. This was the stock's second consecutive day of losses. Amazon.com Inc. closed $196.13 short of its 52-week high ($3,344.29), which the company reached on July 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. MSFT fell 1.99% to $208.25, Alphabet Inc. Cl A GOOGL fell 0.10% to $1,496.82, and Walmart Inc. WMT rose 1.47% to $131.88. Trading volume (3.1 M) remained 1.6 million below its 50-day average volume of 4.7 M.
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