Shares of several business-to-business e-commerce concerns hit the skids today, led downward by
, as one of the company's potential new customers signed instead with a rival.
Commerce One lost $9.39, or 30.1%, to $21.69 in recent
said its technology would power Internet marketplace
, formerly known as
, which is being set up by major technology companies such as
. VerticalNet said it would receive $107.5 million over three years for the deal. VerticalNet also sold its
computer chip exchange unit to Converge.
VerticalNet has lost 41 cents, or 7.6%, to $4.97. Fellow B2B
skidded $3.94, or 17.9%, to $18.13.
lost $13.25, or 22.6%, to $46, while
fell $1.81, or 11.1%, to $14.50.