Shares of Amazon.com Inc. inched 0.47% higher to $3,299.86 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.71% to 4,438.26 and the Dow Jones Industrial Average rising 1.56% to 34,912.56. This was the stock’s third consecutive day of gains. Amazon.com Inc. closed $473.22 below its 52-week high ($3,773.08), which the company achieved on July 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as eBay Inc. fell 0.29% to $74.68, Alphabet Inc. Cl A rose 2.59% to $2,823.02, and Walmart Inc. rose 1.08% to $139.87. Trading volume (2.1 M) remained 734,476 below its 50-day average volume of 2.8 M.