Shares of Amazon.com Inc. AMZN advanced 2.55% to $3,174.05 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.61% to 3,351.60 and the Dow Jones Industrial Average DJIA rising 1.51% to 27,584.06. This was the stock's third consecutive day of gains. Amazon.com Inc. closed $378.20 below its 52-week high ($3,552.25), which the company reached on September 2nd.
The stock outperformed some of its competitors Monday, as Microsoft Corp. MSFT rose 0.78% to $209.44, Alphabet Inc. Cl A GOOGL rose 1.36% to $1,458.66, and Walmart Inc. WMT fell 0.01% to $137.25. Trading volume (4.2 M) remained 631,678 below its 50-day average volume of 4.8 M.