Amazon.com Inc. stock outperforms market on strong trading day – MarketWatch

Amazon.com Inc. stock outperforms market on strong trading day – MarketWatch

Shares of Amazon.com Inc. AMZN, -7.16% rallied 4.11% to $2,307.37 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -4.04% rising 2.02% to 4,088.85 and the Dow Jones Industrial Average DJIA, -3.57% rising 1.34% to 32,654.59. Amazon.com Inc. closed $1,465.71 short of its 52-week high ($3,773.08), which the company achieved on July 13th.
The stock outperformed some of its competitors Tuesday, as eBay Inc. EBAY, -4.22% rose 4.06% to $46.92, Alphabet Inc. Cl A GOOGL, -3.93% rose 1.77% to $2,329.46, and Walmart Inc. WMT, -6.79% fell 11.38% to $131.35. Trading volume (3.8 M) remained 339,452 below its 50-day average volume of 4.1 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.
Last year, Neel Somani was a quantitative research analyst working at Citadel, billionaire Ken Griffin's powerhouse hedge fund firm that manages nearly $50 billion. But at age 24, Somani quit in late February with dreams of getting rich in crypto and helping to build a more decentralized financial system. He chose to focus on Terra.

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