Ebay Inc. Stock Falls Monday, Underperforms Market
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Shares of eBay Inc. (EBAY) slipped 1.19% to $39.84 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.75% to 3,871.98 and Dow Jones Industrial Average falling 0.39% to 32,732.95. The stock's fall snapped a six-day winning streak. eBay Inc. closed $37.77 below its 52-week high ($77.61), which the company reached on November 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Amazon.com Inc. (AMZN) fell 0.94% to $102.44, Walmart Inc. (WMT) fell 0.13% to $142.33, and Costco Wholesale Corp. (COST) fell 1.83% to $501.50. Trading volume (6.8 M) eclipsed its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 31, 2022.
(END) Dow Jones Newswires
October 31, 2022 16:51 ET (20:51 GMT)
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