Replies to post #8284 on Coffee Sipping Big Board Stocks

[EZ2]

Sector Snap: Google Gains, Yahoo Dips
Wednesday November 21, 2:24 pm ET
Google Rises and Yahoo Declines After October Search Data Released

NEW YORK (AP) -- Shares of Google Inc. rose and Yahoo Inc. declined Wednesday as comScore Inc. said that, compared with the previous month, Google gained market share in the U.S. search market in October while Yahoo lost some ground.

The Dow Jones industrial average declined 132.17 to 12,877.97 by midday, and the tech-heavy Nasdaq composite index shed 24.83 to 2,571.98.

Yahoo fell 80 cents, or 3 percent, to $25.92 in afternoon trading. In the past year, the stock has moved between $22.27 and $34.08.

Shares of Google rose $14.75 to $663.29.

According to comScore's report, which was released Wednesday afternoon, Google captured 58.5 percent of the U.S. search market in October -- up from 57 percent in September -- as users performed 6.15 billion searches through its search engine.

Yahoo remained in second place, with 22.9 percent of the market -- down from 23.7 percent in September. The number of searches performed through its sites rose, however, to 2.41 billion queries.

Other major Internet companies traded mixed Wednesday.

Shares of online auctioneer eBay Inc. declined 37 cents to $31.90.

In a note to clients late Thursday, Citi Investment Research analyst Mark S. Mahaney wrote that the company's listing trends are showing ongoing improvements and there are signs of its fourth-quarter core listings growth speeding up.

"If trends continue, we believe fourth quarter will mark the first quarter since first quarter of 2006 of organic core listings growth acceleration," he wrote.

Mahaney rates the stock "Buy" with a $49 price target.

Meanwhile, shares of online retailer Amazon.com Inc. rose 16 cents to $80.55, while Internet conglomerate IAC/InterActiveCorp rose 27 cents to $27.84.