Ebay Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of eBay Inc. (EBAY) inched 0.75% higher to $38.97 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.63% to 3,859.11 and the Dow Jones Industrial Average rising 1.07% to 31,836.74. This was the stock's third consecutive day of gains. eBay Inc. closed $42.01 short of its 52-week high ($80.98), which the company reached on October 26th.
The stock outperformed some of its competitors Tuesday, as Amazon.com Inc. (AMZN) rose 0.65% to $120.60, Walmart Inc. (WMT) rose 0.47% to $140.07, and Costco Wholesale Corp. (COST) rose 0.42% to $499.06. Trading volume (6.5 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2022.
(END) Dow Jones Newswires
October 25, 2022 16:51 ET (20:51 GMT)
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