EBay Inc. Stock Slips 8.2%, Underperforms Competitors

Dow Jones
02-28

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

Shares of eBay Inc. slipped 8.2% to $63.48 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.6% to 5,861.57 and Dow Jones Industrial Average falling 0.4% to 43,239.50.

This was the stock's second consecutive day of losses.

eBay Inc. closed 11.4% short of its 52-week high of $71.61, which the company reached on February 26th.

The stock underperformed when compared to some of its competitors, as Amazon.com Inc. fell 2.6% to $208.74, Walmart Inc. rose 0.6% to $96.79, and Target Corp. fell 1.24% to $122.50.

Trading volume totaled 17.6 million, compared to the 50-day average of 4.5 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 27, 2025 16:34 ET (21:34 GMT)

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