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 2.2%. By the end of trading, Splunk fell $3.63 (-6.1%) to $55.60 on average volume. Throughout the day, 4,119,155 shares of Splunk exchanged hands as compared to its average daily volume of 2,914,400 shares. The stock ranged in price between $54.67-$59.19 after having opened the day at $58.88 as compared to the previous trading day's close of $59.23. Other companies within the Computer Software & Services industry that declined today were:
), down 30.6%,
), down 12.2%,
), down 11.3% and
), down 10.4%.
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Splunk, Inc. provides software solutions that provide real-time operational intelligence in the United States and internationally. Splunk has a market cap of $7.2 billion and is part of the technology sector. Shares are down 13.8% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Splunk a buy, no analysts rate 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 19.0%,
), up 6.4%,
), up 6.0% and
), up 5.8% , 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.