Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.




) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Splunk fell $3.07 (-4.0%) to $74.20 on heavy volume. Throughout the day, 5,750,317 shares of Splunk exchanged hands as compared to its average daily volume of 1,753,700 shares. The stock ranged in price between $72.42-$79.53 after having opened the day at $79.17 as compared to the previous trading day's close of $77.27. Other companies within the Computer Software & Services industry that declined today were:

Cover-All Technologies



), down 9.1%,

GlobalSCAPE Incorporated



), down 7.8%,

Unwired Planet



), down 7.7% and




), down 6.6%.

Splunk, Inc. provides software solutions that provide real-time operational intelligence. Splunk has a market cap of $9.6 billion and is part of the technology sector. Shares are up 12.5% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Splunk a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates


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.

On the positive front,

Varonis Systems



), up 19.9%,

Majesco Entertainment Company



), up 8.4%,

Authentidate Holding Corporation



), up 8.2% and

Top Image Systems



), up 6.5% , were all gainers within the computer software & services industry with




) being today's featured computer software & services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider

iShares S&P NA Tech Software Idx



) while those bearish on the computer software & services industry could consider

ProShares Ultra Short Technology




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