E-commerce stocks, which raced ahead of the broader market for most of 2009, have been slipping behind in recent weeks.
The Internet Retailer Online Retail Index, which tracks the shares of 25 online retailers and e-commerce technology providers, fell 1.05% last week, while the Dow Jones Industrial Average was down .52% and the Standard & Poor’s 500 Index declined .63%. Fifteen of the 25 stocks in the Online Retail Index were off last week.
For the year, however, the Online Retail Index remains well ahead of the market as a whole. The e-commerce index stands at 155.3, meaning it’s up 55.3% since Jan. 1, 2009. During the same span, the Dow is up 6.2% and the S&P 500 11.2%.
Here are the best-performing stocks last week in the Online Retail Index and the percentage price increase for each:
- 1-800-Flowers.com, 11.0%
- DemandTec, 6.9%
- Blue Nile, 5.8%%
- LivePerson, 5.6%
- ATG, 5.4%
Here are the Online Retail Index stocks that performed least well last week and the percentage decline in stock price for the week:
- Bidz.com, -17.1%
- Akamai, -7.5%
- RealNetworks, -7.4%
- GSI, -6.8%
- American Greetings, -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., Art Technology Group Inc., Bidz.com Inc., Blue Nile Inc., CyberSource Corp., DemandTec Inc., Digital River Inc., Drugstore.com Inc., eBay Inc., GSI Commerce Inc., Keynote Systems Inc., LivePerson Inc., Netflix Inc., NutriSystem Inc., Omniture Inc., Overstock.com Inc., PetMed Express Inc., RealNetworks Inc., Shutterfly Inc., Systemax Inc., United Online Inc. (owner of FTD.com) and VistaPrint Ltd.
Back...
