eBay Inc. (EBAY) gapped open lower Thursday and fell during the first 45 minutes of trade, before settling into a range. The stock closed down by 1.53 at $24.15 on above average volume. eBay closed testing the lower end of a 2-week trading range.
ChannelAdvisor reported Thursday that eBay's September same store sales rose by 1.1 percent. This compares to an increase of 3.4 percent in August.
eBay was also under pressure after Amazon.com (AMZN) announced the launch of Handmade at Amazon, where users can sell their homemade crafts.
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