Ebay Inc. Stock Falls Wednesday, Underperforms Market

Socket Mobile Inc

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Information Technology : Technology Hardware, Storage & Peripherals | Small Cap Blend

Company profile

Socket Mobile, Inc. is a provider of data capture and delivery solutions in workforce mobilization. The Company's data capture solutions are incorporated into mobile applications used in point of sale (POS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation, and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. Its primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications (NFC) technologies that connect over Bluetooth. Its products work with applications running on smartphones, mobile computers, and tablets. It offers software developer kit (Capture-SDK) to application providers, which enables them to provide their consumers its barcode scanning features. Its products are integrated by the application providers and are marketed by the application providers or their resellers.

Ebay Inc. Stock Falls Wednesday, Underperforms Market

4:50 pm ET November 16, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

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)