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Aug. 8, 2022, 4:30 p.m. EDT

Amazon.com Inc. stock falls Monday, underperforms market

MarketWatch Automation

Shares of Amazon.com Inc. (NAS:AMZN) dropped 0.99% to $139.41 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average (DOW:DJIA) rising 0.09% to 32,832.54 and the S&P 500 Index (S&P:SPX) falling 0.12% to 4,140.06. This was the stock's second consecutive day of losses. Amazon.com Inc. closed $48.70 below its 52-week high ($188.11), which the company reached on November 19th.

The stock underperformed when compared to some of its competitors Monday, as eBay Inc. (NAS:EBAY) rose 0.70% to $47.61, Alphabet Inc. Cl A (NAS:GOOGL) fell 0.14% to $117.30, and Walmart Inc. (NYS:WMT) rose 0.81% to $127.61. Trading volume (51.6 M) remained 25.6 million below its 50-day average volume of 77.2 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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