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Shares of Kana Communications (Nasdaq: KANA), which makes customer relationship solutions for e-commerce businesses, soared nearly 10 percent on Tuesday, climbing 19 to 216, after the company announced a two-for-one stock split. The split, which should be distributed on February 22nd, will be payabl...
Shares of online vitamins retailer MotherNature.com (Nasdaq: MTHR) climbed 15/16 to 8-7/16 on Tuesday after the company announced unaudited fourth-quarter net sales of $3.18 million.
Shares of HealthCentral.com (Nasdaq: HCEN), an online health-related destination site that includes an online drugstore, rocketed more than 42 percent on Monday, rising 4-1/16 to 13-11/16 after the company announced a deal with Microsoft's Hotmail service.
Shares of business-to-business e-commerce solutions company Ariba (Nasdaq: ARBA) climbed nearly 15 percent on Monday, gaining 24-13/16 to 194. The move followed the company's announcement of a major joint venture with information technology services company EDS (NYSE: EDS).
Shares of Playboy Enterprises (NYSE: PLA) soared more than 12.5 percent on Monday, climbing 2-15/16 to 26-5/16 after Playboy's online division, which includes a variety of adult-oriented content and e-commerce offerings, filed for an initial public offering. This news was no surprise because Playboy...
Shares of both America Online (NYSE: AOL) and Time Warner (NYSE: TWX) were strong in early trading today after the companies announced that they will merge in the biggest takeover deal ever. AOL will buy Time Warner for about $350 billion in stock.
Investors breathed a collective sigh of relief on Friday as the Nasdaq gained nearly 4.2 percent, rising more than 155 points for its best one-day point gain ever. The rise capped off a wild week in which the Nasdaq fell nearly 10 percent combined on Tuesday, Wednesday and Thursday. It looks like in...
Shares of telecommunications and information services company eGlobe (Nasdaq: EGLO) soared nearly 46 percent on Friday, climbing 2-7/8 to 9-3/16 after the company announced that it is participating in a new joint venture known as iwon.com that will start offering business-to-business e-commerce solu...
Shares of Amazon.com (Nasdaq: AMZN) continued to tumble on Thursday, two days after the company said that its record fourth-quarter sales of $650 million would not reduce its anticipated net losses. Amazon.com closed down for the third consecutive trading day on Thursday, tumbling 4-3/16 to 65-9/16,...
Shares of online software retailer Beyond.com (Nasdaq: BYND) fell 1 point to a 52-week closing low of 6-17/32 on Thursday, one day after the company announced that fourth-quarter revenue would be well below expectations. Beyond.com says fourth-quarter revenue will be $34 million to $35 million. This...
Shares of the Cobalt Group closed up 13-5/8 to 24-1/8 on Thursday, a gain of 130 percent. Even after this week's market sell off, business-to-business remains a favored sector among investors and analysts. On Thursday, Robertson Stephens reiterated its buy rating and $50 price target for the Cobalt ...
Shares of online drugstore PlanetRx.com (Nasdaq: PLRX) rocketed nearly 27 percent on Wednesday, gaining 3-1/2 to 16-1/2 after receiving a strong buy rating and a 12-month price target of $40 from E*Offering. Analyst Caren Taylor noted that PlanetRx.com was trading at a 54 percent discount to rival D...
Wednesday was a volatile day for technology stocks, with the Nasdaq dropping 167 points before rebounding to positive territory -- only to close the day down more than 24 points. The wild trading was perhaps best illustrated by what happened to shares of Internet holding company CMGI (Nasdaq: CMGI),...
Shares of Amazon.com (Nasdaq: AMZN) tumbled 8-13/16 to 73-1/8 in early trading today after the company announced that its strong fourth-quarter sales would not reduce its net losses. The reason is largely because Amazon.com spent a lot of money making sure that holiday orders were fulfilled properly...
The financial markets in general, and technology stocks in particular, were hit hard on Tuesday as the Nasdaq endured its biggest one-day point drop in history by falling more than 229 points, a loss of 5.6 percent. Much of the decline was profit-taking after the Nasdaq had such a strong run in 1999...
While most Internet stocks were being pounded, shares of health destination site HealthCentral.com (Nasdaq: HCEN), which operates an online drugstore, climbed nearly 19 percent on Tuesday, gaining 1-1/2 to 9-1/2 after the company received a strong buy rating from Lehman Brothers. The strong buy rati...
Media Metrix released holiday-shopping traffic numbers on Monday, and the big winners were no surprise. Amazon.com (Nasdaq: AMZN) was number one and eBay (Nasdaq: EBAY) was number two, followed by eToys (Nasdaq: ETYS), barnesandnoble.com (Nasdaq: BNBN), and Toysrus.com (NYSE: TOY).
Shares of online sporting goods retailer Fogdog Sports (Nasdaq: FOGD) rocketed nearly 57 percent on Monday, climbing 5-3/8 to 14-7/8 after the stock received a buy rating from JP Morgan. Shares of Fogdog traded as high as 18-1/8 on Monday before pulling back.
Investors continued to salivate over Internet incubators on Monday, with both Internet Capital Group (Nasdaq: ICGE) and CMGI (Nasdaq: CMGI) seeing tremendous gains.
The euphoria surrounding technology stocks continued unabated in the final week of 1999, as the Nasdaq closed the year with an astounding gain of more than 85 percent, the best one-year performance by a major U.S. stock index in history.
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