GSI Commerce Shares Plunged: What You Need to Know

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: In intraday trading today, shares of e-commerce enabler GSI Commerce (Nasdaq: GSIC  ) fell as low as 11% below yesterday's close.

So what: GSI Commerce's third-quarter sales were $284 million and the company reported a net loss of $0.28 per share. Both figures were weaker than the average analyst forecast, though they beat management's own guidance for the quarter.

Now what: GSI Commerce is challenging mighty (Nasdaq: AMZN  ) with a loyalty program much like Amazon Prime just in time for the holidays, which shows a healthy helping of chutzpah. E-commerce services is a tough industry in which to make a living, but GSI Commerce is fighting the good fight. This shortfall was at least partly the result of analysts raising their targets recently, seemingly jumping to the wrong conclusions.

Interested in more info on GSI Commerce? Add it to your watchlist by clicking here.

Fool contributor Anders Bylund holds no position in any of the companies discussed here. is a Motley Fool Stock Advisor pick. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1349211, ~/Articles/ArticleHandler.aspx, 10/21/2016 2:30:11 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,136.64 -25.71 -0.14%
S&P 500 2,139.90 -1.44 -0.07%
NASD 5,251.85 10.02 0.19%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/21/2016 2:14 PM
AMZN $816.80 Up +6.48 +0.80% CAPS Rating: ****
GSIC.DL $29.54 Down +0.00 +0.00%
GSI Commerce, Inc. CAPS Rating: **