eToys

(ETYS)

was down 25.2% in midafternoon after falling as low as $2.13.

Merrill Lynch

analyst Henry Blodget downgraded the online toy seller to neutral from accumulate in the wake of the shutdowns at Internet retailers

Pets.com

(IPET)

and

MotherNature.com

(MTHR)

.

Blodget also downgraded

Buy.com

(BUYX)

and

Webvan

(WBVN)

. Buy.com was down 8.1%. Webvan was down 16.7%.