Youku Inc (YOKU): Today's Featured Internet Loser

Youku ( YOKU) pushed the Internet industry lower today making it today's featured Internet loser. The industry as a whole closed the day up 0.8%. By the end of trading, Youku fell 20 cents (-0.8%) to $24.17 on light volume. Throughout the day, one million shares of Youku exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in price between $23.75-$24.63 after having opened the day at $24.02 as compared to the previous trading day's close of $24.37. Other company's within the Internet industry that declined today were: Deltathree ( DDDC), down 56.1%, ModusLink Global Solutions ( MLNK), down 6.4%, Authentidate Holding Corporation ( ADAT), down 5.2%, and ChinaCache International Holdings ( CCIH), down 4.5%.

Youku Inc. operates as an Internet television company in the People's Republic of China. Its Internet television platform enables consumers to search, view, and share video content across various devices. Youku has a market cap of $2.74 billion and is part of the technology sector. Shares are up 52.5% year to date as of the close of trading on Friday. Currently there is one analyst that rates Youku a buy, one analyst rates it a sell, and four rate it a hold.

TheStreet Ratings rates Youku as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share and deteriorating net income.

On the positive front, MeetMe ( MEET), up 13%, China Finance Online ( JRJC), up 12.4%, Groupon ( GRPN), up 10.8%, and Tucows ( TCX), up 8.3%, were all gainers within the internet industry with Google ( 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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