Shares of Salesforce.com rose after an analyst upgrade.
NEW YORK (TheStreet) -- Salesforce.com(:CRM) shares popped 1.1% to $101.22 in morning trading on Thursday following an upgrade from The Oxen Group. The firm boosted its rating on the cloud software company to hold from sell.
Netflix(:NFLX) shares dropped another 0.9% to $68.61, still seeing some fallout from Wednesday's news that a new survey found a striking decline in online customer satisfaction with the video streaming company. According to analytics firm ForeSee, Netflix's rating fell 7 points to 79, the biggest year-over-year drop of any of the companies named in the survey.
Amazon(:AMZN) shares fell 3.2% to $168.35 after a report from Goldman Sachs said new retail data suggests risks for the e-commerce giant. Amazon also said on Thursday it has sold "millions" of Kindle Fires and "millions" of Kindle e-readers.
Groupon(:GRPN) shares declined 1.5% to $22.28 after a letter written by the Securities and Exchange Commission to Groupon CEO Andrew Mason before the daily deal company's October IPO emerged.
According to the letter, the SEC had many questions for Groupon, including why execs had spoken publicly during the company's so-called quiet period, as well as clarification around its business model.
--Written by Olivia Oran in New York.
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