Shares of Amazon.com Inc. AMZN, -3.35% slid 3.35% to $84.92 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.90% falling 0.90% to 3,817.66 and Dow Jones Industrial Average DJIA, -0.49% falling 0.49% to 32,757.54. This was the stock’s fourth consecutive day of losses. Amazon.com Inc. closed $88.02 below its 52-week high ($172.94), which the company achieved on December 27th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. AAPL, -1.59% fell 1.59% to $132.37, Microsoft Corp. MSFT, -1.73% fell 1.73% to $240.45, and Alphabet Inc. Cl C GOOG, -1.88% fell 1.88% to $89.15. Trading volume (82.5 M) remained 2.5 million below its 50-day average volume of 85.0 M.
U.S. stocks post a fourth straight session of losses on Monday as recession fears dominate Wall Street.
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