EBay Down Nearly 9% After Deal Announcement -- Data Talk
October 19 2018 - 12:06PM
Dow Jones News
eBay Inc. (EBAY) is currently at $28.78, down $2.77 or 8.78%
-- Would be lowest close since Dec. 6, 2016, when it closed at
$28.21
-- On pace for largest percent decrease since July 19, 2018,
when it fell 10.12%
-- Earlier Friday, it was announced that eBay is buying British
car marketplace Motors.co.uk; current Motors.co.uk owner Cox
Automotive announced the sale for an undisclosed price
-- Earlier Friday, Stifel Nicolaus downgraded eBay to hold from
buy, Benzinga reported
-- Currently down three consecutive days; down 10.76% over this
period
-- Worst three-day stretch since the three days ending July 23,
2018, when it fell 10.96%
-- Down 23.74% year-to-date; on pace for worst year since 2008,
when it fell 57.94%
-- Would be a new 52-week closing low
-- Traded as low as $28.66; lowest intraday level since Dec. 7,
2016, when it hit $28.14
-- Down 9.16% at today's intraday low; largest intraday percent
decrease since July 19, 2018, when it fell as much as 10.59%
-- Worst performer in the S&P 500 today
-- Worst performer in the Nasdaq 100 today
-- Most active stock in the Nasdaq 100 today
All data as of 11:27:16 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 19, 2018 11:51 ET (15:51 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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