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If investors needed more evidence that many business-to-consumer companies are struggling, they got it on Friday when shares of online bookstore Fatbrain.com (Nasdaq: FATB) fell more than 33 percent. Fatbrain.com stock tumbled 6-7/8 to 13-7/8 after the stock was downgraded three times.
As the Nasdaq fell more than 63 points, shares of e-commerce software manufacturer Broadvision (Nasdaq: BVSN) rocketed 17-5/8 to 169-7/8 on Wednesday after the company announced a 3-for-1 stock split. The split is expected to occur on or around March 13th.
The initial public offering of Vicinity (Nasdaq: VCNT), which helps brick-and-mortar and Internet companies promote themselves through the Web, wireless devices, telephone marketing, and direct mail, gained nearly 187 percent Wednesday as shares closed up 31-3/4 to 48-3/4. Vicinity, whose clients in...
Shares of business-to-business (B2B) e-commerce solutions company Ariba (Nasdaq: ARBA) gained 9-3/16 to 194-5/8 on Monday after Banc of America Securities raised its price target on the stock to $250 from $225. Banc of America analyst Bob Austrian, who has a strong buy rating on Ariba, also recommen...
Speaking of business-to-business e-commerce, shares of B2B holding company Internet Capital Group (Nasdaq: ICGE), which has stakes in more than 50 companies including VerticalNet, Breakaway Solutions and eMerge Interactive, climbed 4-3/16 to 125-1/8 on Monday. The gain of nearly 3.5 percent came aft...
One of the hottest initial public offerings of the week is expected to be Organic, an Internet services firm that offers consulting and e-commerce solutions. On Monday, the company raised the range of its IPO to $18 to $20 a share, up from $12 to $14, and it will not be at all surprising if the offe...
Several analysts have questioned the long-term prospects of online retailer Buy.com (Nasdaq; BUYX), an all-everything superstore that sells many items below cost and attempts to make money through advertising. Still, Buy.com's Tuesday initial public offering received a warm welcome on Wall Street. T...
Shares of online sporting goods retailer Fogdog Sports (Nasdaq: FOGD) climbed more than 12 percent on Tuesday, gaining 1-5/16 to 11-15/16 after the stock received a buy rating from Warburg Dillon Read, which was a co-manager of Fogdog's December IPO. Warburg Dillon Read gave Fogdog a price target of...
Shares of Silknet Software (Nasdaq: SILK), which provides e-commerce, marketing and customer support services, soared 26 percent in early trading today. Silknet gained 36 to 174-1/4 after customer relationship management software company Kana Communications (Nasdaq: KANA) announced that it will buy ...
Akamai Technologies (Nasdaq: AKAM), which provides content management and delivery services for e-commerce sites, portals and content sites, is also using its soaring stock price to make a big acquisition. Today, Akamai announced that it is buying Intervu, which offers streaming media services, for ...
The idea of an initial public offering for an online cattle marketplace might seem like some sort of post-modern joke, but it really is not. In reality, it is a hot business-to-business play. On Friday, eMerge Interactive (Nasdaq: EMRG), which offers an online cattle marketplace with auction service...
The initial public offering of e-commerce software and services company FirePond is expected to get off to a strong start today. In a sign of heavy demand, FirePond priced its offering at $22 a share, above the estimated range of $17 to $19. The original proposed range was $11 to $13 before being ra...
The initial public offering of Centra Software (Nasdaq: CTRA) which develops applications to facilitate live business collaboration online, got off to a solid start on Thursday. The stock gained 19-1/4 to 33-1/4, a rise of 137.5 percent. Centra stock opened at 35 and climbed to 37-3/8 before giving ...
A big week for applications service provider Interliant (Nasdaq: INIT) got even bigger on Thursday. Shares of Interliant soared more than 12 percent, gaining 5-1/4 to an all-time closing high of 48-1/4 after the company announced that domain-name registrar Network Solutions had invested $10 million....
Amazon.com (Nasdaq: AMZN) is thinking profits. Really.
Shares of Interwoven (Nasdaq: IWOV), which offers content management solutions for online businesses, gained 18-9/16 to 145-9/16 on Wednesday after getting a major upgrade from Credit Suisse First Boston. CS First Boston raised its rating on Interwoven to strong buy from buy and increased its price ...
Shares of Verio (Nasdaq: VRIO), which provides Web-hosting and e-commerce services, climbed 3-1/2 to 66 in early trading today after the company announced that it is teaming up with Lycos (Nasdaq: LCOS) to market comprehensive e-commerce packages.
Shares of online travel agent Expedia (Nasdaq: EXPE) soared more than 20 percent on Tuesday, gaining 5-1/12 to 32-3/4 one day after the company reported strong fiscal 2000 second-quarter results and announced two acquisitions. After the markets closed on Monday, Expedia, which is the first Internet ...
Shares of VerticalNet (Nasdaq: VERT), which operates business-to-business (B2B) trading communities across various industries, climbed nearly six percent on Tuesday. The company rose 13-7/8 to 252-1/8 after announcing the formation of VerticalNet Europe, a joint venture with British Telecommunicatio...
Shares of applications service provider Interliant (Nasdaq: INIT), which offers Web-hosting and e-commerce solutions for online businesses, gained 7-3/8 to 45-1/4 on Tuesday. There were several catalysts for the stock move. On Tuesday, Interliant announced that Herb Hribar will become its CEO effect...
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