Shares of eBay Inc. EBAY slid 1.70% to $56.73 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.81% to 4,582.64 and the Dow Jones Industrial Average DJIA rising 0.30% to 34,921.88. eBay Inc. closed $24.46 below its 52-week high ($81.19), which the company reached on October 22nd.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. AMZN rose 2.93% to $3,366.93, Walmart Inc. WMT rose 0.02% to $151.04, and Costco Wholesale Corp. COST fell 0.08% to $575.13. Trading volume (6.6 M) remained 1.1 million below its 50-day average volume of 7.8 M.
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