Have you ever seen
after a fight? His swollen face would look like a cubist reinterpretation; both eyes would be bloodied and shut while his three teeth gleamed.
TheStreet.com Internet Sector's
performance since Monday make that beating look like a game of "hot hands" with dad.
The DOT is down 8.1% over the last four days. The e-twins, TheStreet.com E-Commerce Index and TheStreet.com E-Finance Index, have both tanked as well. Over four days, E-tailers are off 6.8% and E-bankers are down 10.7%. The Nasdaq has dropped 6.3%, and that comes after a record-setting Monday.
Oh, and about the Nasdaq -- it fell 75 today, after
comments drove the market southward. It could have been worse. The DOT rallied 20 points in the last hours to save itself, even if it couldn't save the Nasdaq. Imagine how things would be if the DOT hadn't pitched in after 3 p.m. EDT.
The bellwethers got their clocks cleaned.
was D.O.A., dropping 6, or 5.2%, to 109.
was not green, off 4 9/16, or 5.7%, to 75 1/16.
was down 3 13/16 to 169 9/16.
In the battle of the auctioneers,
were the biggest losers. The former was off 7 1/2 to 134 1/8, with the latter off 2 9/16 to 34 1/2. The properly capitalized
was the big winner, up 1 9/16 to 19 1/2.
The market rushed for
when the issue finally began trading today. Its 3.75 million shares were priced at 10 and then began trading hot and heavy, rising 8 5/8, or 86.3% on 12.4 million shares in less than 3 hours.
Other IPOs did pretty well also. The 6.7 million shares of
started out at 10 and quickly rose 5, or 50%. Even better were the 3.35 million shares of
, which rose 20 3/4, or 121.3%, to 37 3/4, from its initial price of 17.
Bust out the pencils, kiddies, because this is today's TheStreet.com Internet Sector scorecard.
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