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:
), down 9.1%,
), down 7.8%,
), down 7.7% and
), down 6.6%.
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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
. 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 Splunk Ratings Report.
On the positive front,
), up 19.9%,
), up 8.4%,
), up 8.2% and
), up 6.5% , were all gainers within the computer software & services industry with
) being today's featured computer software & services industry leader.
- Use our computer software & services 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 computer software & services industry could consider
) while those bearish on the computer software & services industry could consider
- Find other investment ideas from our top rated ETFs lists.