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Instructure Inc is Among the Companies in the Internet Software & Services Industry with the Best Relative Performance (INST , STMP , ZG , NTNX , GRUB )

By David Diaz

We looked at the Internet Software & Services industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Instructure Inc (NYSE:INST ) ranks first with a gain of 4.21%; Stamps.Com Inc (NASDAQ:STMP ) ranks second with a gain of 2.31%; and Zillow Group I-A (NASDAQ:ZG ) ranks third with a gain of 1.93%.

Nutanix Inc - A (NASDAQ:NTNX ) follows with a gain of 1.61% and Grubhub Inc (NYSE:GRUB ) rounds out the top five with a gain of 1.50%.

SmarTrend recommended that its subscribers protect gains by selling shares of Grubhub Inc on March 20th, 2019 by issuing a Downtrend alert when the shares were trading at $69.32. Since that call, shares of Grubhub Inc have fallen 5.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance instructure inc stamps.com inc zillow group i-a nutanix inc - a grubhub inc

Ticker(s): INST STMP ZG NTNX GRUB