Amazon Stock Ends Sunday Session Lower: AMZN Closes Below $188
Amazon.com Inc (NASDAQ: AMZN) concluded the trading day on Sunday, April 28th, with a modest decline. Shares of the e-commerce and cloud computing behemoth finished the session in negative territory after experiencing significant price swings.
At the official market close, recorded at 7:59 PM GMT-4, Amazon stock settled at 187.70 USD. This price represented a decrease of 1.29 USD, or 0.68 percent, compared to the previous closing value of 188.99 USD. The downward red arrow indicated the negative performance for the day.
The trading session showcased considerable volatility for Amazon. The stock opened strongly at 190.10 USD and quickly reached an intraday high of 190.22 USD. However, selling pressure emerged, pushing the shares down to an intraday low of 184.88 USD around the midday point, before staging a partial recovery in the afternoon hours leading up to the close.
Following the close of regular trading, minor activity continued in the after-hours market. Amazon shares edged down slightly further, reaching 187.65 USD, a decrease of 0.050 USD or 0.027 percent from the official closing price.
This daily performance influences Amazon’s massive market capitalization, listed as 1.99L Cr (representing approximately 1.99 Trillion USD). Key financial metrics for the company include a Price-to-Earnings (P/E) ratio of 33.96. Currently, Amazon does not offer a dividend yield.
Sunday’s closing price places AMZN stock well within its established 52-week trading range. The highest point the shares have reached over the past year is 242.52 USD, while the lowest point recorded during that period was 151.61 USD.
