May 23, 2011, 9:25 AM

E-retailer Bidz leads the retreat as e-commerce stocks falter

The Internet Retailer Online Retail Index fell nearly 2.6% for the week.

Don Davis

Editor in Chief

Lead Photo

Less-than-sparkling first quarter financial results took the luster off last week, and there were few other bright spots in the Internet Retailer Online Retail Index.

Investors shaved more than 15% off the share price of Bidz after the jewelry e-retailer reported an 11.7% decline in first quarter sales. But Bidz was not alone, as only six of the 25 e-commerce stocks tracked by the Online Retail Index gained last week.

Atop the leader board was online retailer PetMed Express, whose stock price had fallen sharply the previous week following a report of flat online sales in the first quarter.

Overall, the Online Retail Index fell 2.57% last week, putting it well behind the broader market, which also struggled. The Dow Jones Industrial Average finished the week down 0.66% and the Standard & Poor’s 500 Index lost 0.34% lower.

Here are the best-performing stocks last week in the Online Retail Index and the percentage gain in stock price for each:

• PetMed Express, 2.0%

• U.S. Auto Parts Network, 1.5%

• Shutterfly, 0.9%

• Akamai, 0.7%

•RealNetworks, 0.3%

Here are the Online Retail Index stocks that performed least well last week and the percentage drop in stock price for the week:

•, -15.2%

•, -11.2%

• NutriSystem, -6.8%

• VistaPrint, -6.0%

•Blue Nile, -4.2%

The 25 companies in the Internet Retailer Online Retail Index are: Inc., Akamai Technologies, Inc., American Greetings Corp., Inc., Blue Nile Inc., Bluefly Inc., DemandTec Inc., Digital River Inc., Inc., eBay Inc., GSI Commerce Inc., Keynote Systems Inc., LivePerson Inc., Netflix Inc., NutriSystem Inc., Inc., PetMed Express Inc., RealNetworks Inc., Shutterfly Inc., Systemax Inc., U.S. Auto Parts Network, United Online Inc. (owner of, ValueClick Inc. and Vistaprint Ltd.


Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!




Relevant Commentary


Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...


Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of that will let customers and Quill ...