Ebay Inc. Stock Falls Tuesday, Underperforms Market
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Shares of eBay Inc. (EBAY) slid 1.26% to $43.77 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. This was the stock's third consecutive day of losses. eBay Inc. closed $26.96 below its 52-week high ($70.73), which the company achieved on November 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) fell 1.63% to $92.42 and Walmart Inc. (WMT) fell 0.35% to $152.97. Trading volume (4.4 M) remained 1.7 million below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.
(END) Dow Jones Newswires
November 29, 2022 16:56 ET (21:56 GMT)
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