EBay price action in stalemate as markets close for Thanksgiving

Published: November 25 2022, 12:01 GMT+0

EBay price action in stalemate as markets close for Thanksgiving

Investors are currently sidelined due to the Thanksgiving holiday but will return to their desks today. Looking back over the previous session Wednesday: without a clear direction, eBay Inc closed at $45.23 while ranging between $45.11 and $45.78.

Meanwhile, mixed performances were seen by other consumer discretionary stocks as Tesla traded at $183.2 after closing Wednesday's trading day at $169.91 (up 7.82%). Walt Disney traded at $98.88 after closing Wednesday's trading day at $96.21 (up 2.78%). Alibaba added 3.3% to its value, and traded at $78.5.

The stock has been trending positively for about a month. Having set a significant high of $72.66 a month ago, the consumer-to-consumer e-commerce giant is trading 22.6% lower.

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