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eBay ( EBAY) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day down 2.0%. By the end of trading, eBay fell $0.57 (-1.0%) to $54.37 on heavy volume. Throughout the day, 24,486,329 shares of eBay exchanged hands as compared to its average daily volume of 13,288,000 shares. The stock ranged in price between $53.86-$54.95 after having opened the day at $54.55 as compared to the previous trading day's close of $54.94. Other companies within the Internet industry that declined today were: Bitauto Holdings ( BITA), down 9.2%, Qihoo 360 Technology ( QIHU), down 8.9%, Autobytel ( ABTL), down 7.6% and Yandex ( YNDX), down 7.0%.

eBay Inc. provides online platforms, tools, and services to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. eBay has a market cap of $70.4 billion and is part of the services sector. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Thursday. Currently there are 24 analysts that rate eBay a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates eBay as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, LiveDeal ( LIVE), up 24.6%, LookSmart ( LOOK), up 7.8%, Angie's List ( ANGI), up 3.2% and Professional Diversity Network ( IPDN), up 2.9% , were all gainers within the internet industry with Shutterfly ( SFLY) being today's featured internet industry leader.

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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