Ebay Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of eBay Inc. (EBAY) inched 0.22% higher to $45.23 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's second consecutive day of gains. eBay Inc. closed $28.37 below its 52-week high ($73.60), which the company achieved on November 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) rose 1.00% to $94.13, Walmart Inc. (WMT) rose 0.48% to $152.42, and Costco Wholesale Corp. (COST) rose 0.48% to $534.49. Trading volume (5.0 M) remained 1.3 million below its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 16:50 ET (21:50 GMT)
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