The city is broadening the reach of its 9% “amusement tax” to include streaming entertainment services like Netflix and Spotify.
The Internet Retailer Online Retail Index advanced 0.52% last week, in line with the gains for the broader market. While live chat provider LivePerson gained 18% for the week, 15 of the 25 e-commerce stocks were down.
The Internet Retailer Online Retail Index advanced 0.52% last week, in line with the gains for the broader market. While live chat provider LivePerson Inc. gained 18% for the week and online retailer VistaPrint Ltd. gained almost 10%, 15 of the 25 e-commerce stocks were down for the week.
The performance of the Online Retail Index fell in the middle of two indexes that track the stock market as a whole: the Standard & Poor’s 500 Index was up .65%, while the Dow Jones Industrial Average advanced by .41%.
Here are the best-performing stocks last week in the Online Retail Index and the percentage price increase for each:
- LivePerson, 19.0%
- VistaPrint, 9.5%
- Keynote Systems, 8.0%
- Bidz.com, 7.6%
- Omniture, 7.2%
Here are the Online Retail Index stocks that performed least well last week and the percentage decline in their stock price for the week:
- NutriSystem, -9.1%
- PetMed Express, -6.0%
- Shutterfly, -5.4%
- Drugstore.com, -4.9%
- United Online, -4.0%
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.