Investors like eBay after its Q2 earnings report

July 24, 2012 03:22 PM

EBay Inc.’s stock price last week jumped 12%, as the online marketplace reported a 23% increase in year-over-year revenue and a 16% rise in net income. EBay’s stock closed at $44.85 on Friday.

That made eBay the top performer last week in the Internet Retailer Online Retail Index, which tracks 25 publicly traded e-retailers and e-commerce technology providers. Overall, the Online Retail Index was flat week over week with a 0.24% increase. The Dow Jones Industrial Average and the Standard & Poor’s 500 advanced 0.36% and 0.43%, respectively.

Of the 25 stocks in the index, 11 had increases last week, while the stocks of 14 companies decreased in value. Web-only retailer Inc., which reported a 2% increase in sales in the second quarter, was also among the e-commerce winners.

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

• eBay Inc., 12.3%

• Inc., 11.0%

• Bluefly Inc., 7.0%

• VistaPrint Ltd., 5.5%

• Inc., 5.4%

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

• U.S. Auto Parts Network, -10.0%

• Inc., -8.8%

• Groupon Inc., -5.0%

• Netflix Inc., -3.6%

• LivePerson Inc., -2.6%

The 25 companies in the Internet Retailer Online Retail Index are: Inc., Akamai Technologies, Inc., American Greetings Corp., 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., Inc., PetMed Express Inc., Shutterfly Inc., Systemax Inc., U.S. Auto Parts Network, United Online Inc. (owner of, ValueClick Inc., Vistaprint Ltd. and Inc.




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