Why AutoZone (AZO) Dipped More Than Broader Market Today

In the latest trading session, AutoZone (AZO) closed at $3,671.61, marking a -1.36% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.84%. Meanwhile, the Dow experienced a drop of 0.34%, and the technology-dominated Nasdaq saw a decrease of 1.43%. Shares of the auto parts retailer have appreciated by 13.89% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 6.19%, and the S&P 500's gain of 1.8%.Analysts and investors alike will b ...