HINDSIGHT
Sales Boost Online Retailers' Shares
|
Discussion Policy
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
|
The holiday shopping season was better for online retailers -- though still pretty dismal -- than it was for mall shops, and their stock prices reflected it. The 20 publicly traded Internet retailers gained 17 percent between Nov. 28 and Dec. 28, while the Standard & Poor's 500-stock index lost 3 percent. The leader was Ticketmaster, up 55 percent, followed by Orbitz, up 48 percent. Liberty Entertainment, an online video and commerce firm, was up 35 percent; Netflix, up 22 percent; online jewelry retailer BIDZ.com, up 21 percent; and Amazon, up 16 percent.


