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Shares of eBay Inc. (EBAY) slipped 3.25% to $45.49 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. eBay Inc. closed $30.92 short of its 52-week high ($76.41), which the company reached on November 19th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) fell 1.84% to $97.12, Walmart Inc. (WMT) rose 0.72% to $148.50, and Costco Wholesale Corp. (COST) fell 0.45% to $524.11. Trading volume (5.3 M) remained 1.2 million below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 16:50 ET (21:50 GMT)
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