Stock slides and fails to keep up with rivals
- Amazon.com Inc. stock slid 0.94% on Friday
- The stock underperformed compared to competitors
- Trading volume remained below average
Shares of Amazon.com Inc. fell 0.94% on Friday, closing at $151.94. The stock underperformed compared to competitors, with Apple Inc. falling 0.54%, Microsoft Corp. rising 0.20%, and Alphabet Inc. Cl C falling 0.25%. Amazon.com Inc. closed $3.69 short of its 52-week high. Trading volume remained below its 50-day average volume. Overall, it was a rough trading session for the stock market.
Public Companies: Amazon.com Inc. (AMZN), Apple Inc. (AAPL), Microsoft Corp. (MSFT), Alphabet Inc. Cl C (GOOG)
Private Companies:
Key People:
Factuality Level: 8
Justification: The article provides factual information about the stock performance of Amazon.com Inc. and its competitors. The information is based on data from Dow Jones and FactSet, which are reliable sources. However, the article does not provide any analysis or context beyond the stock market performance.
Noise Level: 2
Justification: The article is primarily focused on reporting stock market data and performance of Amazon.com Inc. and its competitors. It does not provide any thoughtful analysis, insights, or solutions. The information is repetitive and lacks relevance to the broader context or long-term trends.
Financial Relevance: Yes
Financial Markets Impacted: The article provides information on the stock market performance of Amazon.com Inc. and its competitors, including Apple Inc., Microsoft Corp., and Alphabet Inc.
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article discusses the stock market performance of Amazon.com Inc. and its competitors, but there is no mention of any extreme event or impact on financial markets or companies.
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