February 13, 2012, 6:08 AM

A disappointing Groupon leads e-commerce stocks lower

The Internet Retailer Online Retail Index dipped 0.93% last week.

Kevin Woodward

Senior Editor

Lead Photo

Investors expressed their disappointment last week with daily deal provider Groupon Inc.’s fourth-quarter results. Groupon had the largest decrease among the 25 stocks tracked in the Internet Retailer Online Retail Index, falling 13.92% from the week prior.
The daily deal operator’s first earnings release as a public company showed a $42.7 million net loss in the fourth quarter as sales nearly tripled.

Meanwhile, investors liked Akamai Technologies Inc. and its announcement last week it bought Blaze Software Inc. to bolster Akamai’s web services. Akamai lead the index with a gain of 14.30%.

The index’s overall performance was down 0.93% from the week prior, while the Dow Jones Industrial Index fell 0.47% and the Standard & Poor’s 500 Index slipped 0.17%.

Overall, losers outnumbered winners in the Online Retail Index, which tracks 25 publicly traded e-retailers and e-commerce technology providers.
Here are the best-performing stocks last week in the Online Retail Index and the percentage increase in stock price for each:
• Akamai, 14.3%
• Bidz.com, 12.2%
• ValueClick, 6.6%
• Blue Nile, 5.0%
• Systemax, 2.4%

Here are the Online Retail Index stocks that performed least well last week and the percentage loss in stock price for the week:
• Groupon, -13.9%
• U.S. Auto Parts Network, -13.5%
• eGain, -5.4%
• United Online, -5.0%
• Keynote Systems, -4.4%

The 25 companies in the Internet Retailer Online Retail Index are: 1-800-Flowers.com Inc., Akamai Technologies, Amazon.com Inc., American Greetings Corp., Bidz.com Inc., Blue Nile Inc., Bluefly Inc., Coastal Contacts Inc., Digital River Inc., eBay Inc., eGain Communications Corp., Groupon Inc., Keynote Systems Inc., LivePerson Inc., Netflix Inc., NutriSystem Inc., Overstock.com Inc., PetMed Express Inc., Shutterfly Inc., Systemax Inc., U.S. Auto Parts Network, United Online Inc. (owner of FTD.com), ValueClick Inc., Vistaprint Ltd and Vitacost.com Inc.


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 Quill.com that will let customers and Quill ...