SINA Corporation (SINA): Today's Featured Internet Loser
The
industry closed the day up 1.3%.
(
),
(
),
(
), and
(
) were all decliners today within the internet industry with
(
) being today's featured internet loser. SINA Corporation fell $4.05 (-4.6%) to $84.68 on average volume. Throughout the day, 8.4 million shares of SINA Corporation exchanged hands as compared to its average daily volume of 6.8 million shares.
SINA Corporation provides online media and mobile value-added services (MVAS) in the People's Republic of China. It provides advertising, non-advertising, and free services through SINA.com, Weibo.com, and SINA Mobile. SINA Corporation has a market cap of $6.1 billion and is part of the
sector. Shares are up 28.9% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates SINA as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.
- You can view the full SINA Ratings Report.
On the positive front,
(
),
Banks.com Inc
(
BNX
),
(
), and
(
) were all gainers within the internet industry with
(
) being today's featured internet industry winner.
- Use our internet section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the internet industry could consider
First Trust Dow Jones Internet Idx
(
) while those bearish on the internet industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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