By Shares of Amazon.com Inc. (AMZN) experienced a notable increase on Tuesday, reaching $142.71, marking a 2.13% rise. This positive momentum was part of a successful trading session for the stock market as a whole. The S&P 500 Index (SPX) rose by 0.28% to reach 4,378.38, while the Dow Jones Industrial Average (DJIA) rose by 0.17% to reach 34,152.60.
Consistent Growth
This recent increase in Amazon’s stock price marks the eighth consecutive day of gains for the company. It is further evidence of the consistent growth and success experienced by Amazon.com Inc.
Close to the 52-Week High
Although Amazon.com Inc. closed at $142.71, which is slightly below its 52-week high of $145.86, achieved on September 14th, it remains close to this impressive milestone.
Outperforming the Competition
On Tuesday, Amazon.com Inc. outperformed several of its competitors in the market. Apple Inc. (AAPL) rose by 1.45% to reach $181.82, Microsoft Corp. (MSFT) rose by 1.12% to reach $360.53, and Alphabet Inc. Cl C (GOOG) rose by 0.72% to reach $132.40.
Steady Trading Volume
Despite the positive performance, the trading volume for Amazon.com Inc. on Tuesday (53.6M) remained slightly below its 50-day average volume of 54.3M.
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