Ariba Inc. (ARBA): Today's Featured Internet Loser

Ariba ( ARBA) pushed the Internet industry lower today making it today's featured Internet loser. The industry as a whole closed the day down 0.5%. By the end of trading, Ariba fell 44 cents (-1.1%) to $38.92 on light volume. Throughout the day, 603,837 shares of Ariba exchanged hands as compared to its average daily volume of 977,400 shares. The stock ranged in price between $38.11-$39.19 after having opened the day at $38.74 as compared to the previous trading day's close of $39.36. Other company's within the Internet industry that declined today were: TechTarget ( TTGT), down 10.2%, CafePress ( PRSS), down 9.4%, LookSmart ( LOOK), down 6.7%, and Renren Inc ADR ( RENN), down 5.2%.

Ariba, Inc., together with its subsidiaries, provides collaborative business commerce solutions for buying and selling goods and services in the United States and internationally. Ariba has a market cap of $3.98 billion and is part of the technology sector. Shares are up 41.4% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Ariba a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Ariba as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the positive front, Demand Media ( DMD), up 8.1%, Shutterfly ( SFLY), up 5.2%, Crexendo ( EXE), up 5%, and Digital River ( DRIV), up 4.3%, were all gainers within the internet industry with AOL ( AOL) 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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