NEW YORK (
) is trading at unusually high volume Friday with 1.5 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $5.15 (-10.2%) at $45.32 as of 3:59 p.m. ET.
NetSuite has a market cap of $3.35 billion and is part of the
industry. Shares are up 24.5% year to date as of the close of trading on Thursday.
NetSuite Inc. provides cloud-based financials/enterprise resource planning (ERP) software suites in the United States and internationally.
TheStreet Ratings rates NetSuite as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and feeble growth in its earnings per share. You can view the full
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