Shares of Amazon.com Inc. (AMZN, +2.68%) saw a 2.68% increase on Thursday, reaching $134.30. This positive performance was part of an overall upward trend in the stock market, as both the S&P 500 Index (SPX, +0.85%) and the Dow Jones Industrial Average (DJIA, +0.14%) also experienced gains.
Continual Growth
This marks the third consecutive day of gains for Amazon.com Inc.’s stock. Despite closing at $12.27 below its 52-week high of $146.57 (achieved on August 16th), the company has shown resilience in maintaining an upward trajectory.
A Mixed Performance
When compared to its competitors, Amazon.com Inc.’s stock performance on Thursday was a mix. Apple Inc. (AAPL, +0.41%) saw a modest increase of 0.41%, reaching $190.54. Microsoft Corp. (MSFT, +1.62%) experienced a stronger gain of 1.62%, closing at $342.66. Alphabet Inc. Cl C (GOOG, +4.36%) had the highest surge amongst these companies, with a remarkable increase of 4.36% to $124.83.
Steady Trading Volume
The trading volume for Amazon.com Inc. stood at 59.7 million shares on this trading day, slightly below the 50-day average volume of 59.8 million shares.