Shares of Amazon.com Inc. AMZN rose 2.65% to $3,162.24 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.40% to 3,380.35 and the Dow Jones Industrial Average DJIA rising 1.05% to 27,976.84. The stock's rise snapped a three-day losing streak. Amazon.com Inc. closed $182.05 below 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 Wednesday, as Microsoft Corp. MSFT rose 2.86% to $209.19, Alphabet Inc. Cl A GOOGL rose 1.80% to $1,507.24, and Walmart Inc. WMT rose 1.30% to $131.89. Trading volume (3.5 M) remained 1.3 million below its 50-day average volume of 4.8 M.
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