Ebay Inc. Stock Rises Friday, Still Underperforms Market
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Shares of eBay Inc. (EBAY) advanced 1.18% to $40.32 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. This was the stock's sixth consecutive day of gains. eBay Inc. closed $37.29 short of its 52-week high ($77.61), which the company achieved on November 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Amazon.com Inc. (AMZN) fell 6.80% to $103.41, Walmart Inc. (WMT) rose 1.26% to $142.51, and Costco Wholesale Corp. (COST) rose 2.89% to $510.87. Trading volume (7.7 M) eclipsed its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 16:51 ET (20:51 GMT)
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