DJ EBay Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of eBay Inc. $(EBAY)$ sank 0.70% to $61.08 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
The stock's fall snapped a three-day winning streak.
eBay Inc. closed $6.72 below its 52-week high ($67.80), which the company achieved on October 15th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. $(AMZN)$ rose 3.80% to $207.09 and Walmart Inc. $(WMT)$ fell 0.29% to $83.44.
Trading volume (5.5 M) eclipsed its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:02 ET (22:02 GMT)
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