Ebay Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of eBay Inc. (EBAY) shed 1.58% to $44.33 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. This was the stock's second consecutive day of losses. eBay Inc. closed $28.33 below its 52-week high ($72.66), which the company achieved on November 29th.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. (AMZN) rose 0.58% to $93.95 and Walmart Inc. (WMT) rose 0.29% to $153.51. Trading volume (5.9 M) remained 308,929 below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 16:55 ET (21:55 GMT)
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