NEW YORK – Shares of Amazon.com Inc (NASDAQ: AMZN) experienced a downward trend during the regular trading session on Wednesday, April 17th, ultimately closing in negative territory before showing signs of life in after-hours activity.
The tech and e-commerce giant finished the official trading day at 172.63 USD. This represented a decline of $1.70, or 0.98%, compared to the previous close of $174.33. The session proved volatile for Amazon shareholders, as the stock opened significantly higher at $176.00 and reached an intraday high of $176.21 shortly after the opening bell.
However, momentum shifted throughout the day. Selling pressure pushed the stock steadily lower, eventually hitting a session low of $172.00 just before the market close at 4:00 PM ET.
Following the closing bell, activity in the extended trading session offered a slight reprieve. As of 7:59 PM GMT-4 (the timestamp noted on the data feed), Amazon’s stock was trading at 173.13 USD in after-hours. This marked a modest gain of $0.50, or 0.29%, from its official closing price, suggesting some stabilization or renewed buyer interest after the regular session’s dip.
Other key financial metrics for Amazon include a market capitalization hovering around $1.83 Trillion and a Price-to-Earnings (P/E) ratio of 31.24. The stock’s 52-week range sits between $151.61 and $242.52, placing the current price well off its highs but comfortably above its lows for the period. Amazon currently does not offer a dividend yield.
Market participants will be closely monitoring Amazon’s performance in the upcoming trading sessions to gauge whether the after-hours uptick signals a potential rebound or if the intraday selling pressure will resume.
