NEW YORK ( TheStreet) -- Shares of ReachLocal (Nasdaq: RLOC) were gapping down Wednesday morning with an open price 17.8% lower than Tuesday's closing price. The stock closed at $10.37 Tuesday and opened today's trading at $8.52. The average volume for ReachLocal has been 182,300 shares per day over the past 30 days. ReachLocal has a market cap of $275.9 million and is part of the services sector and media industry. Shares are down 47.9% year to date as of the close of trading on Tuesday. ReachLocal, Inc. provides a suite of online marketing and reporting solutions for the small and medium-sized businesses (SMBs) in North America and internationally. TheStreet Ratings rates ReachLocal as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. You can view the full ReachLocal Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.