Atrinsic Inc. (ATRN): Today's Featured Internet Loser

The internet industry closed the day up 3.8%. Ancestry.com Inc ( ACOM), LiveDeal Inc ( LIVE), Tucows Inc ( TCX), and LookSmart ( LOOK) were all decliners today within the internet industry with Atrinsic Inc ( ATRN) being today's featured internet loser. Atrinsic Inc fell 13 cents (-5.7%) to $2.14 on light volume. Throughout the day, 70,171 shares of Atrinsic Inc exchanged hands as compared to its average daily volume of 137,800 shares.

Atrinsic, Inc. operates as a direct to consumer Internet marketing company. The company sells entertainment and lifestyle subscription products direct to consumers through the Internet. Atrinsic Inc has a market cap of $15.9 million and is part of the technology sector. Shares are down 65.8% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Atrinsic as a sell. Among the areas we feel are negative, one of the most important has been unimpressive growth in net income over time.

On the positive front, Jiayuan.com International Ltd ADR ( DATE), Global Sources ( GSOL), Akamai Technologies Inc ( AKAM), and Quepasa Corporation ( QPSA) were all gainers within the internet industry with Google Inc ( GOOG) being today's featured internet industry winner.

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 ( FDN) while those bearish on the internet industry could consider ProShares Ultra Short Technology ( REW).

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