Online retail stocks mostly rose Tuesday, with digital music retailer Napster Inc. regaining some ground lost last week after its fiscal fourth-quarter report.
Napster shares, which declined on Thursday and Friday after the company's report on Wednesday, rose 7 cents, or 4.9 percent, to $1.50. There was no trading on Monday due to the Memorial Day holiday.
Napster said Tuesday that the over-the-air mobile subscription service it operates in Japan now includes unlimited access to its new digital video service, Napster Clips. The video service can be viewed through a new handset from NTT DoCoMo, which is Japan's top cell phone carrier, or on a home computer through a new NTT DoCoMo service.
Meanwhile, shares of VistaPrint Ltd. rose and then gave up some ground after a Stifel Nicolaus analyst reiterated his "Buy" rating for the online printing and graphic design services company's shares.
VistaPrint Ltd. shares gained 27 cents to $30.73. Earlier, the stock rose as much as $1.66, or 5.5 percent, to $32.12.
In a client note, Stifel Nicolaus & Co. analyst Scott Devitt reiterated his "Buy" rating and $43 price target for the stock. The analyst said that a share price decline following the company's fiscal third-quarter results and announcement of an upcoming chief financial officer change make for a good time to buy the stock.
Shares of online postage retailer Stamps.com Inc. advanced $1.48, or 11 percent, to a new year-high of $14.97. Online auctioneer eBay Inc.'s shares rose 30 cents to $30.48.
EBay said Tuesday that customers who buy tickets through Delta Air Lines Inc.'s Web site can now pay through PayPal, which is eBay's online payment service.
Elsewhere in the sector, shares of Amazon.com Inc. added $1.42 to $79.77.
The online retailer has reduced the price of its electronic reader device, Kindle, to $359 from $399, an Amazon spokesman confirmed Tuesday.
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