Shares of AutoZone Inc. AZO rallied 3.71% to $1,136.67 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.79% to 3,672.82 and Dow Jones Industrial Average DJIA falling 0.35% to 30,068.81. The stock's rise snapped a two-day losing streak. AutoZone Inc. closed $132.32 short of its 52-week high ($1,268.99), which the company reached on December 11th.
The stock outperformed some of its competitors Wednesday, as O'Reilly Automotive Inc. ORLY rose 0.91% to $444.02, Advance Auto Parts Inc. AAP rose 3.38% to $157.95, and Monro Inc. MNRO rose 2.26% to $48.49. Trading volume (705,641) eclipsed its 50-day average volume of 247,956.