Ebay Inc. Stock Rises Monday, Still Underperforms Market
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Shares of eBay Inc. (EBAY) inched 0.70% higher to $38.68 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.19% to 3,797.34 and the Dow Jones Industrial Average rising 1.34% to 31,499.62. This was the stock's second consecutive day of gains. eBay Inc. closed $42.38 below its 52-week high ($81.06), which the company reached on October 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Amazon.com Inc. (AMZN) rose 0.42% to $119.82, Walmart Inc. (WMT) rose 1.91% to $139.41, and Costco Wholesale Corp. (COST) rose 3.93% to $496.97. Trading volume (5.9 M) eclipsed its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 24, 2022.
(END) Dow Jones Newswires
October 24, 2022 16:51 ET (20:51 GMT)
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