eBay – eBay Inc. stock falls Tuesday, underperforms market

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Shares of eBay Inc.
shed 1.76% to $71.39 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.57% to 4,443.05 and Dow Jones Industrial Average
falling 0.84% to 34,577.57. eBay Inc. closed $6.45 below its 52-week high ($77.84), which the company achieved on August 30th.

The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc.
fell 0.21% to $3,450.00, Walmart Inc.
fell 0.52% to $144.30, and Costco Wholesale Corp.
fell 0.27% to $458.41. Trading volume (6.5 M) remained 154,809 below its 50-day average volume of 6.7 M.

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