Shares of e-commerce stocks are trading lower amid weakness in the broader retail sector.
Portfolio Pulse from Benzinga Newsdesk
E-commerce stocks including EBAY, OSTK, SHOP, and W are trading lower due to weakness in the broader retail sector.
September 18, 2023 | 7:14 pm
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NEGATIVE IMPACT
EBAY's stock is trading lower due to weakness in the broader retail sector.
EBAY is directly impacted by the overall performance of the retail sector. As the sector is showing weakness, it's likely that EBAY's stock will continue to trade lower in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
OSTK's stock is trading lower due to weakness in the broader retail sector.
OSTK is directly impacted by the overall performance of the retail sector. As the sector is showing weakness, it's likely that OSTK's stock will continue to trade lower in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
SHOP's stock is trading lower due to weakness in the broader retail sector.
SHOP is directly impacted by the overall performance of the retail sector. As the sector is showing weakness, it's likely that SHOP's stock will continue to trade lower in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
W's stock is trading lower due to weakness in the broader retail sector.
W is directly impacted by the overall performance of the retail sector. As the sector is showing weakness, it's likely that W's stock will continue to trade lower in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100