In a bullish third quarter on Wall Street, e-commerce stocks were among the leaders of the herd.
The Internet Retailer Online Retail Index of 25 e-commerce stocks gained 26% in the third quarter, while the Dow Jones Industrial Average and Standard & Poor’s 500 Index, two widely watched measures of the broader stock market, each gained 15%. As of Sept. 30, the e-commerce index was ahead 73% for the year, compared with gains of 10% for the Dow and 16% for the S&P 500.
All 25 stocks in the Online Retail Index advanced in the third quarter, with gains ranging from nearly 90% for greeting card retailer and manufacturer American Greetings to 0.3% for promotion and pricing management software vendor DemandTec.
Here are the best-performing stocks in the Online Retail Index during the third quarter and the percentage price increase for each:
- American Greetings, 89.8%
- 1-800-Flowers.com, 79.7%
- Omniture, 70.7%
- Blue Nile, 44.5%
- eBay, 37.8%
Here are the Online Retail Index stocks that performed least well during the third quarter and the percentage gain in stock price for the period:
- DemandTec, 0.3%
- ATG, 1.6%
- Systemax, 1.6%
- Akamai, 2.6%
- NutriSystem, 5.2 %
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.
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