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Shares of Etsy Inc Rank the Highest in Terms of Relative Performance in the Internet Software & Services Industry (ETSY , MTCH , GRUB , NEWR , NTNX )

By David Diaz

Here are the top 5 stocks in the Internet Software & Services industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Etsy Inc (NASDAQ:ETSY ) ranks first with a gain of 17.23%; Match Group Inc (NASDAQ:MTCH ) ranks second with a gain of 16.26%; and Grubhub Inc (NYSE:GRUB ) ranks third with a gain of 15.20%.

New Relic Inc (NYSE:NEWR ) follows with a gain of 12.18% and Nutanix Inc - A (NASDAQ:NTNX ) rounds out the top five with a gain of 11.95%.

SmarTrend recommended that its subscribers protect gains by selling shares of Match Group Inc on January 27th, 2020 by issuing a Downtrend alert when the shares were trading at $83.11. Since that call, shares of Match Group Inc have fallen 41.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance etsy inc match group inc grubhub inc new relic inc nutanix inc - a